Student Loan Forgiveness 2024 Update Irs. The deadline for consolidation (for those who need to do so) is april 30, 2024. Here’s an overview of the most important updates.

Find out more about public service loan forgiveness (pslf) and temporary expanded public service loan forgiveness (tepslf) at studentaid.gov/publicservice. Starting in 2024, payments on undergraduate federal student loans will be cut in half to 5%, rather than 10%, of your discretionary income.