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The Education Department will lower interest rates by 1 percent on student loans for borrowers who set up automatic payments. This change will take effect on July 1, 2026, and will last until June 30, 2028, with a deadline for enrollment in auto pay set for September 30, 2026.
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The Education Department will lower interest rates by 1 percent on student loans for borrowers who set up automatic payments. This change will take effect on July 1, 2026, and will last until June 30, 2028, with a deadline for enrollment in auto pay set for September 30, 2026.
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Education Department cuts student loan interest rate
Education Department announces reduction in student loan interest rates