"Biden's Rapid Action on Student Loan Relief Sparks Controversy and Hope"

President Biden is proposing a new student loan cancellation plan targeting 30 million Americans, using a different legal authority after the Supreme Court rejected his initial attempt. The plan focuses on five categories of borrowers, including those with growing interest, eligible for federal forgiveness programs, and facing financial hardship. Most cancellation would be automatic, with relief potentially starting this fall, but legal challenges and potential reversibility remain uncertain.