Here are the details of Debt Ceiling Deal

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US President and House Speaker finalise Debt Ceiling Deal to restore federal student loan payments

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This deal would put a temporary hold on the student debt limit until January 2025

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The bill also limits the accrual of student loan interest for two years i.e. upto January 2025

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This deal aims to avoid a federal default and limit government expenditures

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The US Congress will discuss, debate, and scrutinize the law and then sign it on June 5, 2023

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Click here to learn more about the Debt Ceiling Bill of the US Government

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