Now, the new PSLF Buyback program gives some of those borrowers an opportunity to "buy back" no-payment months that didn't count toward forgiveness while their loans were in forbearance or deferment, according to the Federal Student Aid office .

The Biden administration has withdrawn two major plans to deliver student loan forgiveness. The proposed regulations would have allowed the secretary of the U.S. Department of Education to cancel student loans for several groups of borrowers, including those who had been in repayment for decades and others experiencing financial hardship.

Student loan forgiveness pathways like Public Service Loan Forgiveness and more are still an option for borrowers seeking relief.

Federal student loan borrowers impacted by the latest wildfires in California and other natural disasters have options if they're struggling.