What The Education Department Isn’t Telling Student Loan Borrowers About That Interest Rate Cut — Live Feedhttps://www.live-feeds.com/feed/what-the-education-department-isn-t-telling-student-loan-borrowers-about-that-interest-rate-cutContinuously updated, source-cited coverage. Education Department Extends Student Loan Interest Rate Discount Deadlinehttps://www.live-feeds.com/feed/what-the-education-department-isn-t-telling-student-loan-borrowers-about-that-interest-rate-cuthttps://www.live-feeds.com/feed/what-the-education-department-isn-t-telling-student-loan-borrowers-about-that-interest-rate-cut#u105088Tue, 06 Oct 2026 03:52:03 +0000The Department of Education has extended the deadline for federal student loan borrowers to enroll in a temporary interest rate reduction benefit. Borrowers now have an additional three months to secure a 1% interest rate discount. This extension follows a previous September 30 deadline for the autopay-related discount. Eligible borrowers must enroll in the repayment benefit to lock in the lower rate. The FAFSA for the 2027-28 academic year is also currently open for applicants.Why it mattersInterest rate discounts help reduce the monthly cost of federal loan repayment. These temporary benefit