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US Education Department Cuts Student Loan Interest Rates
The US Education Department announced a reduction of 1 percent on student loan interest rates for borrowers enrolled in automatic payments, effective through June 2028.
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The Hill
The Education Department said Thursday it will reduce interest rates by 1 percent on student loans for borrowers enrolled in automatic payments starting on July 1. The reduction will be in effect through June 30, 2028. In order to benefit, borrowers must enroll in auto pay by Sept. 30 of this year
2026-06-18 20:34 UTC