An income-driven repayment plan is one way to get automatic student loan forgiveness. Income-driven repayment plans include Income-Based Repayment (IBR), Pay As You Earn (PAYE), Revised Pay As You Earn (REPAYE) and Income-Contingent Repayment (ICR). After 20 years (undergraduate student loans) or 25 years (graduate student loans) of federal student loan payments, you will get automatic student loan forgiveness on your remaining student loan balance.
President Joe Biden announced $5.8 billion of student loan cancellation for student loan borrowers with a total and permanent disability. The Biden administration is also matching data from both the U.S. Social Security Administration and U.S. Department of Veterans Affairs to make it easier for student loan borrowers to get student loan forgiveness more quickly.