The draft of a bill that President Joe Biden and House Speaker Kevin McCarthy negotiated to raise the nation's debt ceiling is photographed on May 29.
Mandatory Credit:	Jon Elswick/AP

The draft of a bill that President Joe Biden and House Speaker Kevin McCarthy negotiated to raise the nation's debt ceiling is photographed on May 29.
Mandatory Credit: Jon Elswick/AP

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What the debt ceiling deal could mean for student loan borrowers

If passed into law, the bipartisan debt ceiling deal will dash any hope borrowers might have that the federal student loan payment pause would be extended for a ninth time.