Student Loan Forgiveness 2024 News.  — last year, the supreme court’s conservative majority rejected an earlier plan that would have wiped away more than $400 billion in student loan debt.  — last year, the supreme court's conservative majority rejected an earlier plan that would have wiped away more than $400 billion in student loan debt.

 — the biden administration just approved $613 million in student loan forgiveness under the save plan. The supreme court on wednesday refused to allow a key.