Biden New Student Loan Forgiveness 2024. A federal appeals court has put a temporary hold on the biden administration’s latest student loan repayment plan. President joe biden canceled an additional $1.2 billion in student debt for public servants on thursday, the latest effort to provide loan relief and deliver on one of his signature.

Here’s what borrowers need to know. Fixed broken student loan programs such as public service loan forgiveness, so borrowers actually get the relief they deserve.