Student loan forgiveness is a financial relief program that allows borrowers to have some or all of their student loan debt canceled. This can happen through various government initiatives, such as Public Service Loan Forgiveness or income-driven repayment plans, where remaining balances may be forgiven after a certain period of qualifying payments. Eligibility for student loan forgiveness often depends on factors like the type of loans, the borrower's employment in specific sectors, and their repayment history. The goal is to ease the financial burden on individuals who have invested in their education but may struggle to repay their loans due to economic challenges.