President Joe Biden 'has not ruled out' using executive action to cancel student loan debts, White House Press Secretary Jen Psaki said.
The Biden administration will freeze federal student loan payments through Aug. 31, extending a moratorium that has allowed millions of Americans to postpone payments during the pandemic.President Joe Biden "has not ruled out" using executive action to cancel student loan debts, White House Press Secretary Jen Psaki said.Wednesday, the same day the Biden administration announced plans to freeze federal student loan payments through Aug.
FILE - U.S. President Joe Biden speaks during a press conference in the State Dining Room at the White House on Nov. 6, 2021.
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