"Biden Announces $6 Billion Student Debt Forgiveness for 78,000 Public Service Workers"

President Joe Biden announced the cancellation of nearly $6 billion in student debt for 78,000 public service workers, including teachers, nurses, and firefighters, through the Public Service Loan Forgiveness program. This action is part of the Administration's efforts to address past administrative failures and provide relief to those entitled under the law. The announcement builds on previous progress in student debt relief, including significant increases in Pell Grants and improvements to Income-Driven Repayment plans. The Administration is also pursuing alternative paths to deliver student debt relief to as many borrowers as possible following a Supreme Court decision on the original relief plan. President Biden reaffirmed his commitment to using all available tools to provide student debt relief and ensure that higher education is a pathway to the middle class.