The Trump administration announced a temporary increase in the autopay interest rate discount for federal student loans from 0.25 to 1 percentage point, effective July 1 and available through June 30, 2028, for borrowers who enroll by September 30. More than 42 million Americans hold over $1.6 trillion in federal student debt, with 40 percent of those in active repayment currently using autopay. Sources for these details consist solely of left-center and unrated outlets.