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With payments paused, canceling student loan debt "still on the table" for Biden administration

With payments paused, canceling student loan debt "still on the table" for Biden administration

CBSN
Friday, April 15, 2022 06:50:22 PM UTC

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. 

The White House has faced continued questions about what the administration will do about the student loan debt crisis since the president took office more than a year ago. Psaki made the remarks during an interview with the podcast Pod Save America in Washington, D.C. 

The White House announced last week it was extending the pause of federal student loans through August 31. That pause, which has been in place since the beginning of the coronavirus pandemic, was set to expire on May 1, but had already been pushed back multiple times under first the Trump and then Biden administrations. 

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