Live: Biden announces student loan forgiveness plan

(NewsNation) — President Joe Biden is canceling some student debt for millions of Americans, delivering at least partially on a campaign promise and hoping to energize younger, college-educated voters ahead of the November midterm elections.Biden's plan calls for thousands of dollars in loan cancellations for individuals who earn less than $125,000 a year. For those who went to college on Pell Grants, $20,000 will be forgiven. Those who did not receive that grant will see $10,000 in debt f