The Biden administration plans to freeze federal student loan payments through Aug. 31
The Biden administration plans to freeze federal student loan payments through Aug.31, extending a moratorium that has allowed millions of Americans to postpone payments during the coronavirus pandemic, according to an administration official familiar with the White House’s decision-making. Student loan payments were scheduled to resume May 1 after being halted since early in the pandemic. But following calls from Democrats in Congress, the White House plans to give borrowers additional time to prepare for payments.
