# Auto Pay Saves 1% on Student Loans

Page: https://stenobird.com/podcast/lawrence-news-today-2-min-news-the-daily-news-now-7616198/auto-pay-saves-1-on-student-loans
Text version: https://stenobird.com/podcast/lawrence-news-today-2-min-news-the-daily-news-now-7616198/auto-pay-saves-1-on-student-loans.md
Podcast: [Lawrence News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/lawrence-news-today-2-min-news-the-daily-news-now-7616198)
Published: 2026-06-19T02:06:25+00:00
Episode link: https://api.fastcast.ai/audio/1397cc86-6c80-4764-b5e9-d6611a4267c9.mp3
Audio file: https://api.fastcast.ai/audio/1397cc86-6c80-4764-b5e9-d6611a4267c9.mp3
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Duration seconds: 83

## Resource

Starting July 1, 2026, federal student loan borrowers who enroll in auto pay will enjoy a one-percentage-point interest rate drop for two years — a $6 billion investment designed to help you pay off debt faster. If your rate is 6%, it’ll drop to 5%. But hurry: sign up by September 30, 2026, or miss out. This move comes amid broader changes, including new grad student limits, fewer repayment options, and SAVE plan borrowers getting formal repayment notices. Auto pay enrollment has plummeted from 83% in 2019 to just 40% — now’s your chance to lock in savings. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/f5ee4933050f3fe4

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## Transcript

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