U.S. Department of Education extends deadline for interest rate reduction enrollment
PBS · October 7, 2026Original source ↗
What happened
The U.S. Department of Education has extended the deadline for borrowers to enroll in a program that reduces student loan interest rates. The new deadline is set after the original September 30 date, and the reduced rates will remain in effect until June 2028.
Why it matters
This extension provides additional time for borrowers to take advantage of potential savings on their student loans.
How this story affects people
How does this story affect you if you have student loans?
This extension gives you more time to enroll in a program that can lower your interest rates, potentially saving you money over the life of your loan. With the new deadline, you can take advantage of these savings until June 2028.
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