Irs Annual 4student Loan Forgiveness 2024 Who Qualifies. Public service loan forgiveness (pslf) is a federal program that allows eligible borrowers to have some of their education debt forgiven. Under this plan, parent plus loans are forgiven after 25 years of repayment.
To qualify, borrowers must convert their plus loans into a federal direct loan by. $168.5 billion in approved debt forgiveness as of july 18, 2024, including: