Biden wants to 'better support' student-loan borrowers who are returning to repayment. It's further confirmation the payment pause will end this year.

• Biden unveiled his budget for fiscal year 2024 on Thursday.
• It included increased funding for the Federal Student Aid office to help the return to repayment this year.
• It comes after SoFi filed a lawsuit to end the payment pause and throw borrowers back into repayment.

Student-loan borrowers are set to resume payments this year, and President Joe Biden wants to make sure it goes as smoothly as possible.

On Thursday, Biden unveiled his budget proposal for fiscal year 2024 — essentially a funding wish list for his administration's priorities as it nears the end of its first term. It includes bolstered investments in areas like childcare and healthcare, along with a renewal of the president's tax proposals on the wealthy and corporations.