Key Takeaways The U.S. government hit its congressionally-set debt limit on Tuesday, setting up a potential showdown over lifting or extending the debt ceiling.The Treasury Department is continuing to pay its bills without borrowing by using "extraordinary measures" but can't do that forever.

Some issues never truly go away, and the U.S. debt ceiling, which limits the maximum amount the government can borrow, is one of them. It's back

Key Points ・Department of Education is increasing its direct monitoring of student loan servicers ・More accountability on companies via withholding of payments ・Student loan borrowers to be made whole when issues happen The United States approaches another debt ceiling deadline in January 2025,