Navigating the Temporary 1% Federal Student Loan Autopay Discount: What Borrowers Need to Know
Federal student loan borrowers are being handed a rare opportunity to significantly lower the interest rates on their government-backed debt. For a limited window, the U.S. Department of Education is quadrupling its standard autopay interest rate reduction from 0.25% to a full 1%. While the initiative is designed to curb rising default rates and provide…
