Today, the U.S. Department of Education announced that federal student loan borrowers enrolled in auto pay will be eligible for a 1 percent interest rate reduction beginning July 1.

Learn how President Trump’s historic Working Families Tax Cuts Act simplifies student loan repayment by shifting to two affordable repayment plans: the Repayment Assistance Plan (RAP) and the Tiered Standard repayment plan.

Higher education has been one the fastest-growing expenses for American families over the past 40 years. A significant driver of skyrocketing prices has been uncapped access to federal student loans.

Today, the U.S. Department of Education released a final rule that will lower the cost of college and make student loan repayment easier, an important step toward implementing historic reforms contained in President Trump’s Working Families Tax Cuts Act.

Last year, the Trump Administration launched a nationwide effort to combat identity fraud and theft in the federal student aid programs – leading to more than $1 billion in savings for the American taxpayer.

The Trump Administration continues to tackle fraud, waste, and abuse across higher education programs.

The U.S. Department of Education and the U.S. Department of the Treasury today announced the Federal Student Assistance Partnership to enhance the administration of Federal student aid programs.

The U.S. Department of Education today issued additional guidance reminding institutions of higher education of their shared responsibility under Title IV to support borrowers throughout their federal student loan repayment process.

ED announced that it will delay the implementation of involuntary collections on federal student loans, including Administrative Wage Garnishment and the Treasury Offset Program, to enable the Department to implement major student loan reforms.

Learn more about education priorities and progress in the first year of the Trump-Vance Administration.