Dossier
interest-rate reduction
Coverage of interest-rate reduction in the Nexus archive.
- Student-loan borrowers can act now to become eligible for a new repayment benefit
The Education Department under President Donald Trump announced a 1% interest-rate reduction for federal student-loan borrowers who enroll in autopay by September 30. Borrowers already in autopay receive an additional 0.75 percentage point reduction, with benefits lasting until June 30, 2028. The policy aims to encourage timely repayments and improve the federal loan portfolio's health.