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 · New York edition
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Why it matters locally: The extended deadline for the student loan interest rate reduction program directly impacts a significant number of New York residents who hold federal student loans, providing them with additional time to potentially lower their interest payments.
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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