homeWelcome, sign in or click here to subscribe.login
     


 

 

Money


Subscriber content preview

October 12, 2026

Student loan borrowers have more time to reduce their interest rate. Here's what to know

  • Nearly 2 million borrowers have enrolled since the rate reduction was announced this summer.
    • By ADRIANA MORGA
    Associated Press

    iStock image [enlarge]
    The temporary benefit is meant to support borrowers, along with those who are returning to repayment, and ensure they can stay on top of the new Repayment Assistance Plan.

    NEW YORK — Student loan borrowers now have until the end of 2026 to enroll in auto pay and have their interest rate reduced by 1%.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.