06/24/2026
Here’s your Wednesday briefing from Washington DC:
⭐ Federal Student Loan Borrowers Eligible for Increased Auto Pay Interest Rate Reduction
Beginning July 1, 2026, the Department of Education will temporarily increase the federal student loan auto pay interest rate discount from 0.25 percent to 1 percent for borrowers who enroll in auto pay by September 30, 2026, with the benefit lasting through June 30, 2028. The Department of Education also highlighted the launch of two new repayment plans, the Repayment Assistance Plan (RAP) and the Tiered Standard Repayment Plan, aimed at simplifying repayment and encouraging on-time payments through auto pay.
Link: https://bit.ly/4b5D0Kc
⭐ Department of Education and DOJ Establish Three Interagency Agreements on Civil Rights, Privacy, and Training Coordination
The Department of Education and the Department of Justice entered into three interagency agreements covering civil rights enforcement, student privacy protection, and training and advisory services. The agreements establish coordinated processes for complaint intake, investigation, resolution, and enforcement actions under applicable federal civil rights and student privacy statutes.
Link: https://bit.ly/4ba9jrt
⭐ Trump Administration Issues Executive Orders on Quantum Computing and Cybersecurity
President Trump has signed two executive orders directing federal agencies to accelerate the adoption of post-quantum cybersecurity and strengthen U.S. leadership in quantum computing. The orders direct agencies to accelerate the adoption of post-quantum cryptography and launch a national initiative to develop advanced quantum computing capabilities.
Link: https://bit.ly/4uZeIZJ (Executive Order – Ushering in the Next Frontier of Quantum Innovation), https://bit.ly/4uZeJgf (Executive Order - Securing the Nation Against Advanced Cryptographic Attacks)
⭐ Department of Energy Selects 36th Class of Computational Science Graduate Fellows
On June 17, the Department of Energy announced that 29 doctoral students were selected for the 2026–2027 Computational Science Graduate Fellowship program. Fellows from 18 universities will apply high-performance computing to research in fields including machine learning, computer science, quantum science, engineering, physics, chemistry, and materials science.
Link: https://bit.ly/3QI4qPx
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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.