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Education Department extends deadline for 1% student loan rate reduction

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  • Education Department extended the deadline for borrowers to obtain a 1% federal student loan rate reduction.
  • Dec. 31, 2026, is the new deadline to enroll in auto pay.
  • Nearly 2 million borrowers enrolled in auto pay after the reduction was announced.
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Education Department extends deadline for 1% student loan rate reduction - CoinPost Terminal