White House Press Secretary Jen Psaki weighs in on the student debt crisis.

Last week, White House Press Secretary Jen Psaki gave statements as a guest on the podcast “Pod Save America” regarding the Biden Administration’s stance on student loan forgiveness.

According to Psaki, there will be either another pause on student loan payments — following the White House’s most recent announcement that the pause on student loans had been extended to Aug. 31 — or a final decision will be made about student debt cancellation. President Biden previously expressed that he is in favor of a $10,000 student debt cancellation. Psaki made sure to reiterate “the President’s preference” of getting Congressional approval for a $10,000 student debt cancellation plan.

Though President Biden steered clear of any comments regarding student loans during his State of the Union Address last month, the White House has since been very vocal about their path towards student loan forgiveness.

Senate Majority Leader Chuck Schumer also remarked that he and President Biden have had frequent and promising talks about student debt relief, last week, during a virtual Q&A hosted by the Student Debt Crisis Center.

"We're working on it," stated Schumer. "We're making progress, folks. We are making progress. The White House seems more open to it than ever before."