The Trump administration is offering federal student loan borrowers a deeper-than-usual discount on their interest rates if they sign up for automatic payments soon — but not everyone will qualify. In a June 18 press release, the U.S. Department of Education announced that eligible borrowers who enroll in autopay will benefit from a 1 percentage point reduction on their interest rate. The temporary relief will last through June 30, 2028. Borrowers on autopay currently have access to a 0.25