Biden Remarks On Student Debt Relief Underway Shortly

President Biden is shortly due to deliver remarks from the White House on new measures announced by the White House yesterday to relieve student debt.

• Livestream: Link
• According to a White House statement, “President Biden is announcing that an additional 125,000 Americans have been approved for $9 billion in debt relief through fixes his Administration has made to income-driven repayment (IDR) and Public Service Loan Forgiveness, and by cancelling debt for borrowers with total and permanent disabilities.”
• The White House statement says: “To date, the Biden-Harris Administration has approved $127 billion in debt cancellation for nearly 3.6 million borrowers.”
• The Washington Post notes: “The administration announced in August that it would forgive $39 billion in student debt after the Supreme Court in June blocked its earlier debt cancellation plan.”
• Today's remarks will be Biden's first public appearance since the House of Representatives yesterday voted to eject Rep Kevin McCarthy (R-CA) for the speaker's chair. The White House has kept the actions of the House at arms length but Biden will likely face shouted questions on the prospect of a government shutdown and Ukraine aid.