via Wikimedia Commons
Press Secretary Jen Psaki made the comments on “Pod Save America” after being asked about past comments by White House chief of staff Ron Klain.
Psaki gave a timeline, saying between now and the end of August, the ongoing debt payment pause is “either going to be extended or we’re going to make a decision, as Ron referenced, about canceling student debt.”
The suspension of federal student loan payments has been extended six times since its implementation at the start of the pandemic.
“Nobody’s had to pay a dollar, a cent, anything in student loans since Joe Biden has been president,” she said. “And if that can help people ease the burden of costs in other parts of their lives, that’s an important thing to consider. That’s a big part of the consideration.”
During his campaign, Biden pledged to cancel federal student loan debt of at least $10,000 per borrower. Some high-ranking Democrats have gone further, calling for up to $50,000 of debt to be cancelled if not discharging the debt altogether.
Senate Majority Leader Chuck Schumer (D-NY) signaled progress last week on the issue.
“I have talked personally to the president on this issue a whole bunch of times. I have told him that this is more important than just about anything else that he can do on his own,” he said.
“We’re making progress folks. We are making progress. The White House seems more open to it than ever before.”