Student Loan Forgiveness Guidelines 2024. Borrowers who started repaying their undergraduate loans at least 20 years ago and graduate borrowers with more than 25 years of repayment history may be. Individuals making less than $120,000 a year, or couples making less than $240,000, would qualify to have full forgiveness of their interest.

Find out more about public service loan forgiveness (pslf) and temporary expanded public service loan forgiveness (tepslf) at studentaid.gov/publicservice. The regulations expand eligibility, remove barriers to relief, and encourage automatic discharges for borrowers who are eligible for loan relief because their school.