education
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Education Department Extends Student Loan Interest Rate Reduction Deadline
The U.S. Department of Education has moved the deadline for student loan borrowers to enroll in a program reducing interest rates. The new deadline provides more time for individuals to participate in the initiative, which limits interest accumulation until June 2028.
10/08/2026 · Cocke County edition
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Why it matters locally: The extension of the student loan interest rate reduction program provides additional time for Tennessee's approximately 7.1 million residents who may be student loan borrowers to enroll and potentially benefit from lower interest rates.
WASHINGTON – The U.S. Department of Education has extended the deadline for student loan borrowers to enroll in an interest rate reduction program. The previous deadline was Sept. 30. Borrowers now have additional time to enroll in the program. This initiative reduces interest rates for participating individuals through June 2028.Related Topics
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