Biden cancels nearly $6 billion in student debt for public service workers

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Biden cancels student loansNearly 80,000 public service workers — including teachers, nurses and firefighters — will have roughly $6 billion in student loans forgiven Thursday, according to a statement from the Biden administration.

"These public service workers have dedicated their careers to serving their communities, but because of past administrative failures, never got the relief they were entitled to under the law," the statement said.

"Because of the fixes my Administration has made, we have now cancelled student debt for over 870,000 public service workers — compared to only about 7,000 public service borrowers ever receiving forgiveness prior to my Administration."

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