federal student loan borrowers
Coverage of federal student loan borrowers in the Nexus archive.
- US Education Department offers two-year trim on student loan interest rates
The U.S. Education Department will temporarily reduce student loan interest rates by one percentage point for borrowers using auto pay from July 2026 to June 2028. Existing auto pay users will receive an additional 0.75 percentage point reduction, and the policy aims to help borrowers pay down balances and strengthen the federal loan portfolio. The benefit is estimated to cost the agency $6 billion and applies to loans originated after July 1, 2012.
- 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 enrolled in auto pay from July 1, 2026, through June 30, 2028. Borrowers already using auto pay will automatically receive an additional 0.75 percentage point reduction, building on an existing 0.25 percentage point discount. The initiative aims to help borrowers pay down balances and improve the federal loan portfolio's health.
- 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 enrolled in auto pay from July 1, 2026, through June 30, 2028. Borrowers already using auto pay will receive an additional 0.75 percentage point reduction, with the change aimed at helping borrowers pay down balances and strengthen the loan portfolio.
- New student loan plan comes with higher bills for many. Tax planning can help cut your payments
The U.S. Department of Education's new student loan repayment plan may increase monthly bills for some borrowers, but strategic tax planning can help reduce payments. Federal student loan borrowers can save by leveraging specific financial strategies under the new plan.