Coverage dated July 2, 2026

Federal student loan borrowers can now get a bigger interest rate cut for enrolling in auto pay

Headline from Myfox Zone

Borrowers who sign up for auto pay by Sept. 30 can lock in a 1% interest rate reduction through June 2028, the Education Department announced.

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  1. Myfox Zone

    Federal student loan borrowers can now get a bigger interest rate cut for enrolling in auto pay (opens Myfox Zone)

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    Myfox Zone's feed description

    Borrowers who sign up for auto pay by Sept. 30 can lock in a 1% interest rate reduction through June 2028, the Education Department announced.

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