President Joe Biden is heading to Delaware State University this afternoon! His appearance at the Delaware-based public HBCU comes on the heels of the start of the application process for the Biden Administration’s Student Loan Forgiveness Program. The move fulfilled a Biden campaign promise to cancel up to $10,000 in Federal Student Loan debt for borrowers.
President Biden calls the program a “game-changer” in remarks with Secretary of Education Miguel Cardona on Monday. “It means more than 8 million Americans are — starting this week — on their way to receiving life-changing relief.”
Delaware State University is a fitting place for President Biden’s address. The Biden Administration also agreed to cancel up to $20,000 in student debt from Pell Grant recipients, in which The Century Foundation reports that 70% of HBCU students receive Pell Grants. President Biden is also involved in the Delaware State University community, giving prerecorded remarks virtually at the Spring 2020 Graduation Ceremony and even appointing Delaware State University President Tony Allen as Chair of the President’s Board of Advisors on Historically Black Colleges and Universities.
The President is set to speak at 3 PM EST. He will also be interviewed by MSNBC’s Johnathan Capehart on campus.