The student loan fiasco

Published March 18, 2022 3:00am ET



White House chief of staff Ron Klain recently hinted that President Joe Biden may once again extend the pause on student loan payments, which is currently set to expire on May 1. “The president is going to look at what we should do on student debt before the pause expires, or he’ll extend the pause,” said Klain on the podcast Pod Save America.

While Klain’s comment might be interpreted as an offhand remark intended to please a left-wing host, there are other indications that the administration is seriously considering another extension of the payment pause. Politico reported earlier this month that the Department of Education has instructed loan servicers not to notify borrowers about the resumption of payments on May 1.

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