Student Loan Forgiveness 2025 Save Plan Update

Student Loan Forgiveness 2025 Save Plan Update. You may be eligible for loan forgiveness after 10 years if you are seeking public service loan forgiveness. Biden extends save plan pause six months and cancels student loan debt for 60,000 public service workers.

The education department unveiled some important updates to published guidance for borrowers pursuing student loan forgiveness who are being impacted by the ongoing save plan. The save plan forbearance has already been in effect for more than two months, halting progress toward student loan forgiveness under idr and pslf for more than eight.