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Trump administration temporarily cuts student loan interest rates for borrowers on autopay
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- The Trump administration announced on Thursday that it will offer federal student loan borrowers who sign up for autopay a 1-percentage-point reduction on their interest rate, starting July 1.
- Borrowers on autopay currently have access to a 0.25-percentage-point discount.
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The Trump administration announced on Thursday that it will offer federal student loan borrowers who sign up for autopay a 1-percentage-point reduction on their interest rate, starting July 1.
Borrowers on autopay currently have access to a 0.25-percentage-point discount.
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