>The deal reached by President Joe Biden and House Speaker Kevin McCarthy to raise the nation’s debt limit would force the administration to resume collecting federal student loan payments and interest for millions of Americans at the end of the summer. >The agreement, the text of which was unveiled Sunday evening after weeks of negotiations between the White House and GOP leaders, would terminate the ongoing pause on monthly payments and interest after Aug. 30. . . . [Source Article](https://www.politico.com/news/2023/05/30/debt-ceiling-deal-biden-student-loans-interest-00099144)