Department of Education Boosts Federal Student Loan Autopay Discount to 1% in Major Relief Move

WASHINGTON — In a significant policy shift aimed at easing the financial burden on millions of Americans, the U.S. Department of Education has announced a temporary quadrupling of the federal student loan autopay interest rate discount. Beginning July 1, 2026, eligible borrowers who enroll in automatic monthly debit will receive a full 1% reduction on…

Read Full News