Student-Loan Borrowers May Be Spared the Worst if U.S. Fails to Raise Debt Ceiling

"If Washington’s debt ceiling fight leaves the U.S. government unable to pay all of its bills, that would disrupt payments to millions of Americans, including students receiving federal loans and grants," The Wall Street Journal reports.

... "If Congress and the White House reach an agreement to raise the debt limit before midsummer, there could be little disruption to student aid."

"'That’s the good news, if you can call it good news,' said Justin Draeger, president of the National Association of Financial Aid Administrators, a trade group."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.


Publication Date: 5/17/2023

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