
Joe Biden’s administration has reportedly directed companies that service federal student loans to avoid sending out notices that payments will resume in May, a potential sign that the White House could extend a Covid-19 pandemic freeze on repayments and interest that has given millions of Americans dramatic financial relief over the last two years.
The administration announced a “final” extension of the pause in August, with payments to resume in February. The president extended the pause again in December, with repayments to continue on 2 May.