Student Loan Forgiveness 2024 News Today 2024. That initiative would have eliminated $10,000 (and in some cases, up to $20,000) in federal student.  — last year, the supreme court’s conservative majority rejected an earlier plan that would have wiped away more than $400 billion in student loan debt.

 — of those who expect forgiveness, 37% plan to work in public service, while 7% say their future employer will pay for their loans. That initiative would have eliminated $10,000 (and in some cases, up to $20,000) in federal student.