GeneralBearishFortune Crypto · 4h ago6/10
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Trump’s student loan rate cut excludes most of the 9 million borrowers in default
The Trump Administration's temporary 1% student loan interest rate reduction will exclude approximately 9 million borrowers currently in default, as the program requires enrollment in automatic payments, loan consolidation, and maintained good standing status. This policy effectively limits relief to borrowers already meeting specific compliance criteria, narrowing the beneficiary pool significantly.
