Student Loan Forgiveness 2024 Requirements For Dependents. The news comes after years of student loan forgiveness being dangled as a possibility but remaining a dream for struggling americans. Learn how to qualify and sign up for the save program, which reduces monthly payments and shortens the forgiveness period for federal direct loans.

New regulations that went into effect last month transform several student loan forgiveness programs, expanding access and simplifying the application process. Borrowers would be eligible for relief if they have a current balance on certain types of federal student loans that is greater than the balance of that loan when.