Here are the details of  Debt Ceiling Deal

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

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

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

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

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