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What Student Loan Borrowers Should Know About the New Interest Reduction Incentive

June 25, 2026 admin Comments Off

The Education Department announced last week a new incentive program that can lower your student loan interest rates. To qualify, borrowers would need to enroll their federal student loans in automatic payments (“autopay”) by the end of September 2026. “The Trump Administration is making student loan repayment easier than ever, and borrowers should not wait…

The post What Student Loan Borrowers Should Know About the New Interest Reduction Incentive appeared first on Student Loan Planner.

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Student Debt Modifications is not a lender or directly associated with the Department of Education. We are a document processing company that assists borrowers in understanding their student debt forgiveness options and match them into Government assisted relief and consolidation programs. There is a fee for our services that is determined upon the initial consultation that is at no charge to you. We do not accept all cases. Also, we encourage those with student debt to apply for free at the Department of Education website or to consult a financial professional before making any final decisions.