# Trump administration temporarily cuts student loan interest rates for borrowers on autopay

- Link: https://www.widthness.com/trump-administration-temporarily-cuts-student-loan-interest-rates-for-borrowers-on-autopay/
- Published: 2026-06-20T09:30:00-05:00
- Author: Curated by John Wysocki

Photo credit: Zacqueline Baldwin via Unsplash. Article by Annie Nova. CNBC – June 18, 2026. The Trump administration announced on Thursday that it will offer federal student loan borrowers who sign up for autopay a reduction of 1 percentage point on their interest rate, starting July 1. Borrowers on autopay currently have access to a 0.25 percentage point discount. Federal student loan holders who aren’t already enrolled in autopay have until Sept. 30 to sign up if they want to benefit from the lower interest rate. The discount will last through June 30, 2028. […] Click here to view original web page at www.cnbc.com Related articles: More Than 7 Million Borrowers Face New Student Loan Rules As SAVE Plan Ends – Freedom For All Americans Education Department cuts student loan interest rate – The Hill The Trump administration says it is cutting student loan interest. Here are some facts and context – AP News US student debt repayment system is being overhauled – here’s what to know – The Guardian The Trump administration says it is cutting student loan interest. Not everyone qualifies. – CBS News Curated by John Wysocki See Full Bio