Biden Cancels $6 Billion in Student Debt in New Round of Relief

President Joe Biden is forgiving nearly $6 billion in federal student debt for almost 78,000 Americans working in public service, the latest effort to deliver on one of his signature initiatives ahead of November’s general election.

“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 Thursday. He said those helped by the latest debt relief included teachers, nurses and firefighters.

The public servants — who have been paying their loans for at least a decade ...