| Source | ABC Local |
|---|---|
| Original Load Date | June 19, 2026, 3 p.m. |
| Last Updated | June 19, 2026, 3 p.m. |
| Original URL | https://abc7chicago.com/story/student-loan-borrowers-can-qualify-lower-rates-use-autopay/19331962/ |
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Student loan rates are about to go down by 1% for millions of borrowers enrolled
in automatic payments.
The Department of Education announced Thursday it will temporarily drop interest
rates on federal student loans starting July 1, 2026, through June 30, 2028.
The lower rate applies to borrowers ...