Biden's administration just kicked off the process to get student-loan forgiveness to millions of borrowers, vowing to 'work as quickly as possible under the law'

• The Education Department on Tuesday held its first public hearing on its new student-debt relief plan.
• It comes after the Supreme Court struck down Biden's first route for debt relief in June.
• Biden is attempting to use the Higher Education Act of 1965, which will take longer than the first plan.

President Joe Biden's administration has started the process to once again attempt to get student-loan forgiveness to millions of borrowers.