Canceling student loan debt through executive action is 'still on the table,' said White House press secretary Jen Psaki, after the Biden administration once again delayed the restart of federal student loan payments earlier this month.
Canceling student loan debt through executive action is "still on the table," said White House press secretary Jen Psaki, after the Biden administration once again delayed the restart of federal student loan payments earlier this month.
"So between now and August 31st, it's either going to be extended or we're going to make a decision, as Ron referenced, about canceling student debt," said Psaki, acknowledging previous remarks by White House Chief of Staff Ron Klain, who said in early April the administration would make a decision before the previous May 1 deadline or extend the pause as well.
Meanwhile, some Democratic lawmakers are calling for the president to cancel $50,000 in student loan debt, arguing Biden has the power to do so immediately.
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