The U.S. Capitol is seen on a sunset Wednesday, May 31, 2023, at Capitol Hill in Washington. After passage of a crucial procedural vote on the debt ceiling and budget cuts package negotiated between Speaker of the House Kevin McCarthy, R-Calif., and President Joe Biden the U.S. still faces a potentially disastrous U.S. default in less than a week if Congress fails to act. Jose Luis Magana / Associated Press
Reset breaks down what you need to know about suspending the debt ceiling and what that means for your student loans.
GUESTS: Phillip Braun, clinical professor of finance at Northwestern University’s Kellogg School of Management
Cody Hounanian, executive director of the group Student Debt Crisis
Jack Wallace, the head of government affairs and industry relations at Yrefy