Biden officials signal they might extend student loan payment freeze

The Biden administration dropped a new hint this week that it may further extend the freeze on federal student loan payments for tens of millions of borrowers as the White House weighs a final decision.

Education Department officials instructed the companies that manage federal student loans to hold off on sending required notices to borrowers about their payments starting, according to three people familiar with the matter.

The guidance to loan servicers did not announce a further extension of the payment pause, those people said. But the directive is the clearest indication yet

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