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.
Advertisement
Why it matters locally: This extension provides more time for an estimated 324,000 Oklahomans with federal student loan debt to enroll in a program that could reduce their interest rates through June 2028, potentially alleviating financial burdens across the state.
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
Article Ratings
How do you feel about this story?
National Desk
Sign in to follow this author from their profile.


Discussion (0)
Join the Conversation
Join the conversation
Sign in to share your thoughts, reply to readers, and like comments.
No comments yet. Be the first to comment!