New Student Loan Forgiveness 2024 Date. Fixed broken student loan programs such as public service loan forgiveness, so borrowers actually get the relief they deserve. As of july 1, 2024, the pslf program has successfully transitioned from mohela and now is fully managed by ed on studentaid.gov.

About 4.6 million borrowers have received federal student loan forgiveness. Department of education (department) will begin emailing all borrowers with at least one outstanding federally held student loan to provide updates.