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Psaki Says Biden Is ‘Happy’ to Sign Bill to Forgive Student Loan Debt if Congress Passes One

Psaki Says Biden Is ‘Happy’ to Sign Bill to Forgive Student Loan Debt if Congress Passes One

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Psaki Says Biden Is ‘Happy’ to Sign Bill to Forgive Student Loan Debt if Congress Passes One

by Bradley Cortright
December 15, 2021 at 10:14 am
in News
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Psaki Says Biden Is ‘Happy’ to Sign Bill to Forgive Student Loan Debt if Congress Passes One

WASHINGTON, DC - DECEMBER 14: White House Press Secretary Jen Psaki speaks during the daily press briefing at the White House December 14, 2021 in Washington, DC. President Joe Biden will travel to Kentucky on Wednesday, where he will visit some of the towns hit hardest by the recent deadly tornados that struck the region. (Photo by Drew Angerer/Getty Images)

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White House Press Secretary Jen Psaki says President Joe Biden would be “happy” to meet his campaign promise to cancel up to $10,000 in student loan debt per borrower if Congress sends legislation to his desk to do so.

During a press briefing on Tuesday, a reporter noted that Psaki said the administration was working on a plan to help students repay their loans.

He asked, “What about President Biden’s campaign to forgive or cancel $10,000 of student debt? What is the message to those people who feel that he is yet to follow through on that promise?”

“If Congress sends him a bill, he’s happy to sign it,” Psaki responded.

Watch the video below:

REPORTER: "What about President Biden's campaign to forgive or cancel $10,000 of student debt? What is the message to those people who feel that he is yet to follow through on that promise?"

PSAKI: "If Congress sends him a bill he's happy to sign it." pic.twitter.com/2u02HMUv13

— Townhall.com (@townhallcom) December 14, 2021

Do you think Biden should cancel student loan debt?

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Yes: 30% (3 Votes)
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During the campaign, Biden said he would cancel at least $10,000 in student loan debt per borrower. However, he has so far not followed through on his promise.

Last week, Psaki confirmed that the freeze on student loan payments would not be extended and will expire on Jan. 31, 2022. She has previously told reporters that the administration was “reviewing whether there are any steps he can take through executive action” regarding student loan debt cancellation.

However, she added, “He would welcome the opportunity to sign a bill sent to him by Congress.”

Earlier this month, Rep. Alexandria Ocasio-Cortez (D-N.Y.) called for Biden to cancel student loan debt which she said is “getting ridiculous.”

Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Elizabeth Warren (D-Mass.) have also called for Biden to unilaterally cancel $50,000 in student loan debt with a “flick of a pen.”

However, House Speaker Nancy Pelosi (D-Calif.) said in July, “People think that the president of the United States has the power for debt forgiveness.”

“He does not. He can postpone, he can delay, but he does not have that power. That has to be an act of Congress,” she added.

Tags: Alexandria Ocasio-CortezCongressJen PsakiJoe Bidenpolitics
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Bradley Cortright

Bradley Cortright

IJR, Senior Writer

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