Jen Psaki, on the live show of Pod Save America, states that the Biden administration will make a decision about canceling student debt before the end of August. John Iadarola and David Shuster break it down on The Damage Report.
Read more here:
Psaki: Federal Student Loan Debt Forgiveness Still 'On The Table' - https://www.huffpost.com/entry/biden-student-loan-debt-psaki_n_625da783e4b0723f801ba085?utm_source =pocket_mylist
"What, exactly, that might look like is still up in the air. It could include anything from extending the pandemic-related freeze on federal student loan payments to outright cancellation of some debt.
Psaki said the latter proposal is “still on the table,” but cautioned that the White House would prefer such a program come about legislatively instead of via the executive branch, where it could be overturned by court rulings or future administrations.
“Congress could send him a bill canceling $10,000 in student debt, and he’d sign it tomorrow,” said Psaki."
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