Incredible Navient Student Loan Forgiveness After 20 Years References – If you don’t qualify for student loan forgiveness, you can refinance your loans, save money on student loan interest, and ease up on payments. Any outstanding balance on your loan will be forgiven if you haven't repaid your loan in full after 20 years or 25 years, depending on when you received your first loans.
Revised pay as you earn (repaye) plan: Any outstanding balance on your loan will be forgiven if you haven't repaid your loan in full after 20 years or 25 years, depending on when you received your first loans. While no federal student loans are being forgiven or cancelled under the settlement agreement with navient, many borrowers will receive a modest financial award called restitution.