Federal student loan borrowers' options for repaying their debt have dramatically changed over the last few months — with more shifts to come. Here's a breakdown of the revised repayment plans.
Key Points ・The Repayment Assistance Plan (RAP) is set to replace current income-driven repayment options for federal student ...
The centerpiece of this reform is the Repayment Assistance Plan (RAP), set to launch on July 1, 2026. RAP will replace most existing income-driven repayment (IDR) programs, such as SAVE, PAYE, and ICR ...
Forbes contributors publish independent expert analyses and insights. Robert Farrington writes about higher education and student loans. UNITED STATES - APRIL 29: Chairman Rep. Tim Walberg, R-Mich.