How to Cancel Your Student Debt

On August 24, 2022, the Biden-Harris Administration announced a historic decision to cancel up to $20,000 in student debt for as many as 43 million borrowers. This decision will significantly ease the burden of student debt on working and middle class families, including eliminating student debt entirely for nearly 45 percent of borrowers.

The Biden administration will provide up to $20,000 in debt cancellation to Pell Grant recipients with loans held by the Department of Education, and up to $10,000 in debt cancellation to non-Pell Grant recipients. Borrowers are eligible for this relief if their individual income is less than $125,000 ($250,000 for married couples).

Student Debt Cancellation

*Courts have issued orders blocking President Biden’s student debt relief program. As a result, at this time, they are not accepting applications. If you have already applied, they’ll hold your application*

  • Stay updated here. Please note that the student loan payment pause is extended until the U.S. Department of Education is permitted to implement the debt relief program or the litigation is resolved. Payments will restart 60 days later. If the debt relief program has not been implemented and the litigation has not been resolved by June 30, 2023 – payments will resume 60 days after that. Borrowers will notified before payments restart.
  • What to expect?
    • Once a borrower completes the application, they can expect cancellation relief within 4-6 weeks.
  • Key actions to take?
    • Borrowers should also make sure that they update their personal information with servicers before then.

Beware of Scams 

You never have to pay for help with federal student aid. If you are contacted by a company saying they will help you get loan discharge, forgiveness, cancellation, or debt relief for a fee, this is a scam.  

Make sure you work only with the Department of Education and their loan servicers, and never reveal your personal information or account password to anyone. Emails to borrowers come from, and

You can report scam attempts to the Federal Trade Commission by calling 1-877-382-4357 or by visiting