A smiling graduate in a cap and gown holding a paper marked “Loan Paid” beside the words “Debt Relief,” symbolizing student loan forgiveness and financial freedom.

Student loan forgiveness attracts attention from millions of borrowers who want relief from college debt. Yet confusion about who qualifies and how it works can lead to costly errors. Understanding the truth behind the most common myths can help you plan smarter and stay financially secure. Myth 1: Everyone Qualifies