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The Nexus
POLITICSJun 18 · 22:44 UTCWISCONSIN EXAMINERShauneen Miranda

US Education Department offers two-year trim on student loan interest rates

The U.S. Education Department will temporarily reduce federal student loan interest rates by one percentage point for borrowers using auto pay from July 2026 to June 2028. Borrowers already enrolled in auto pay will automatically receive an additional 0.75 percentage point reduction, totaling a 1% cut. The initiative aims to help borrowers pay down balances faster and aligns with broader changes to the federal student loan system.

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Mentioned
U.S. Department of EducationorganizationNicholas Kentpersonauto paytopicDonald TrumppersonSaving on a Valuable Education (SAVE) plantopic
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