Borrowers cheer Biden's record-setting student loan forgiveness, but left bitter with the system
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() President Joe Biden is starting his last week in office with a final foreign policy speech to the country.

The address is expected to be a victory lap for the president, with National Security Adviser Jake Sullivan recently saying he believes America is much safer now than it was four years ago.

Some topics Biden will touch on include wars in Ukraine and the Middle East; increasing Chinese aggression in the South China Sea; and Iran and North Korea, which are both on the brink of becoming nuclear powers.

Recently, Biden signed off on a $500 million aid package for Ukraine meant to go toward military aid, such as spare parts for planes, small arms and ammunition, and air defense missiles.

In total, the U.S. has provided around $65 billion in military aid for Ukraine since Russia invaded the country in February 2022.

Republican President-elect Donald Trump has highlighted the soaring cost of the war and says he believes he can bring an end to the conflict quickly once taking office.

In his address, Biden is also expected to touch on the chaotic withdrawal of American forces from Afghanistan. A Pew Research Center survey found around a quarter of Americans thought the Biden administration did a good or excellent job handling the withdrawal.

Monday’s speech comes after Biden spoke with Israeli Prime Minister Benjamin Netanyahu on Sunday.

On Monday morning, talks between Israel and Hamas over a possible ceasefire deal, likely to include the release of some hostages, will continue. Officials said Monday that while U.S. and Arab mediators have made significant progress overnight, a deal has not yet been reached.

The Associated Press contributed to this report.

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