Student debt: Nearly 450,000 US borrowers set for relief under $23 billion settlement; check eligibility, forgiveness amount, application process and more

Nearly two hundred thousand more student loan borrowers will have federal debt forgiven. This follows a federal appeals court decision rejecting a delay request. The ruling brings the total number of borrowers receiving debt relief to about 450,000. Eligible borrowers may also receive refunds for previous payments made. The Education Department's deadline to clear remaining debt is June 15, 2027.