How to Discharge or Cancel Your Student Loans

Can I Get Still Forgiveness or Cancellation of My Student Loans, even though Biden's Forgiveness Plan Was Struck Down by the Supreme Court?

Under certain circumstances, you can get your student loans wiped out. Your options depend on what kind of loans you have and when you took them out.
ADVERTISEMENT -
Updated: 2021-09-02
by
« Previous Next »
What Happens If I Default on My Student Loans?
 
Student Loan Forgiveness Progams

Supreme Court

You have probably heard about President Biden's student loan forgiveness program that was announced in October 2022. The Supreme Court nixed that program at the end of June 2023.

President Biden has announced that the pause in student loan payments that began in the Covid pandemic will end, and the first payments will come due in October 2023.

Loan Forgiveness Programs That Still Exist,  Other Than the Biden Plan Rejected By the Supreme Court

Under certain limited circumstances, you can get your student loans balances reduced wiped out. Your options depend on what kind of loans you have (through the federal government or a private lender) and when you took them out.

For more information about cancelation or discharge, select your state below.

  1.  

Jurisdictional relevance: ST

There are versions of this article for each State.

You may also be interested in:

  • What Happens If I Default on My Student Loans?

    Defaulting on a student loan can have serious and long-lasting consequences. Avoid it if at all possible.

  • Student Loan Forgiveness Progams

    Even though President Biden's Student Loan Forgiveness plan was overturned by the Supreme Court, other pre-existing programs survive, like those who work full time in a public service job for at least 10 years. Did you make payments (or were on the Covid Pause) on your direct student loan for that entire time? If so, you may be able to get ALL of your remaining student loan debt cancelled once you've made your 120th qualifying payment.

  • Student Loans That Qualify for Income-Based Repayment Plans

    If you have certain kinds of student loans, you may qualify for a repayment plan that sets payment amounts based on your current income.

ADVERTISEMENT -