Watch live: Biden delivers remarks on student loan debt, supporting borrowers

President Biden is slated to deliver remarks Wednesday afternoon on student loan debt and further ways his administration can help support borrowers.

Biden's last announcement on student debt relief left some borrowers wanting for more, as the administration said the Education Department was exploring ways to forgive debt for certain groups of borrowers but for now is apparently backing away from universal relief.

The event is scheduled to begin at 1 p.m. EDT.

Watch the live video above.