✉news BusinessPersonal Finance first seen 1 d ago, last 14 h ago, peak #2
Education Department Extends Deadline for Student Loan Rate Discount
Original: Education Department extends deadline for student loan interest rate discount
The US Department of Education has extended the deadline for borrowers to enroll in its student loan interest rate discount, according to CNBC. The discount reduces the interest rate for borrowers who sign up for automatic payments. Borrowers who missed the original cutoff now have additional time to apply and lower the cost of repaying their federal student loans.
Why now: Borrowers who missed the original enrollment cutoff are seeking clarity on how the extension affects their repayment costs.
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