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Biden cancels nearly $6 billion in student debt for 78K public service workers (this is a new one)

www.nbcnews.com Biden cancels nearly $6 billion in student debt for 78K public service workers

The White House has approved nearly $144 billion in federal loan forgiveness for about 4 million borrowers in total, according to the administration.

Biden cancels nearly $6 billion in student debt for 78K public service workers

President Joe Biden announced Thursday that the White House has approved the cancellation of nearly $6 billion in federal student debt for thousands of public service workers.

The 78,000 eligible public service workers include teachers, nurses and firefighters, according to the White House.

"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," Biden said in a statement touting the move.

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