These student-loan borrowers could qualify for up to $20,000 in debt cancellation through Biden's second attempt at relief

President Joe Biden.

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• The Education Department released new details on its second attempt at debt relief.
• It's considering five groups of borrowers to be prioritized for relief, like those with balances greater than what they started with.
• Some borrowers could get up to $20,000 in relief, per the proposed text.

President Joe Biden's next plan for getting student-loan forgiveness to borrowers is now more defined.

On Monday...