Education Dept Extends Student Loan Autopay Deadline — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- The Education Department extended the deadline for student loan borrowers to enroll in autopay and qualify for an interest rate discount, per CNBC's headline.
- Federal student loan borrowers now have until September 30 to sign up for the autopay discount, per WTHR's federal student loan update.
Why it matters: Borrowers who miss the autopay enrollment window forfeit the interest rate discount on their federal student debt, so this extension gives procrastinators and borrowers resuming payments a second chance to lock in lower costs before the September 30 cutoff.
Ask SkimNews
