How To Get Student Loan Forgiveness 2024 In Florida. How much we owe, by the numbers (a lot) Florida has 56,930 borrowers approved to have their remaining student debt canceled, amounting to just over $3 billion in discharges.

To be eligible for this forgiveness, a borrower must be enrolled in the save plan, have been making at least 10 years of payments, and have initially taken out $12,000 or less. The save plan, which has nearly half a million enrollees in florida alone, offers lower monthly payments and promises loan forgiveness to all borrowers who make payments.