Biden loan forgiveness

While it's not instant forgiveness, the Saving on a Valuable Education plan does forgive debt, eventually. This month, the rules on the new program changed to make that forgiveness come a bit sooner, for some. Now, student loan borrowers on the plan who borrowed less could see loan forgiveness in as little as 10 years, with no undergraduate borrowers waiting more than 20 years, and no graduate borrowers waiting more than 25 years for forgiveness.