Libertarian Group Sues To Block Biden's Student Debt Forgiveness Plan

A legal challenge has been raised against student loan forgiveness, with a libertarian group in California suing on behalf of an Indiana resident. The lawsuit claims that loan forgiveness will result in taxable income in Indiana. Biden's plan aims to forgive up to $20,000 in student loan debt for eligible federal borrowers, potentially benefiting over 40 million people. Despite the lawsuit, the plan is considered legally sound.

What is the main legal challenge mentioned in the text?

Who is suing on behalf of the man in Indiana?

What is the claim made by the man in Indiana regarding loan forgiveness?

How much student loan debt could Biden's plan erase for federal borrowers?

What does the White House say about the number of people who could benefit from the plan?