$10,000 or $50,000 student loan forgiveness: Could Biden eliminate debt through executive order? Loan Balance $10,000 or $50,000 student loan forgiveness: Could Biden eliminate debt through executive order? James I. Hoomana 08/05/2021 12:32 PM The gift of student loan debt forgiveness could be on its way. Sarah Tew/CNET Since taking office,... Read More Read more about $10,000 or $50,000 student loan forgiveness: Could Biden eliminate debt through executive order?