U.S. Department of Education Extends Deadline for 1% Student Loan Auto-Pay Interest Rate Reduction

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-08
Category: education
Source: Indianapolis Business Journal / Facebook (referencing U.S. Dept of Education)

The U.S. Department of Education has extended the deadline for federal student loan borrowers to enroll in automatic payments to receive a 1% interest rate reduction until the end of 2026. The original deadline was September 30.

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