The U.S. Department of Education announced a temporary reduction in student loan interest rates, effective from July 1. Borrowers are required to enroll in automatic payment to qualify for the reduced rates.
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Education Department Reduces Student Loan Interest Rates for Two Years
The U.S. Department of Education will implement a temporary reduction in student loan interest rates starting July 1. To benefit from this reduction, borrowers must enroll in automatic payment.
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Original Headline
Education Department Lowers Student Loan Interest Rates for Two Years
Neutral Headline
Education Department Reduces Student Loan Interest Rates for Two Years