"Biden Unveils Student Loan Forgiveness Plan for Millions Ahead of Election"

President Biden's administration has unveiled a new plan to provide student loan relief, potentially canceling the debt of over 4 million borrowers and offering relief to more than 10 million others. The plan aims to eliminate interest for 23 million borrowers and could take effect as early as this fall, though the final regulations are still pending. The proposal, which comes after the Supreme Court's rejection of a previous relief plan, has drawn both support and criticism, with legal challenges expected. Biden's focus on student loan relief reflects its significance as an election issue, and the administration has already implemented various measures to relieve billions of dollars in student loans.