Student loan borrowers will get an interest rate cut if they sign up for auto pay (opens original article in a new tab)

Student loan borrowers can get an interest rate cut by signing up for auto pay, as the Trump administration seeks to boost repayment amid rising federal student loan debt.

• Student loan borrowers will get an interest rate cut if they sign up for auto pay.
• The Trump administration aims to increase student loan repayment as federal student loan debt nears $2 trillion.