Nic Antaya/Getty Images
- Biden unveiled new details for his second attempt at student-loan forgiveness.
- The plan would wipe out up to $20,000 in unpaid interest for 25 million borrowers.
- If implemented as proposed, the full plan is expected to benefit over 30 million borrowers.
President Joe Biden's new plan for student-loan forgiveness would tackle a key issue for many borrowers: surging interest.