The Repayment Assistance Plan, created by Trump's budget reconciliation bill, will replace several income-driven repayment plans starting in 2026.

Historically, the Standard Plan was the quickest way for federal student loan borrowers to pay down their debt. That may soon change for many people.

Key Points ・The SAVE repayment plan remains in legal limbo, and borrowers are simply waiting for a date on when the administrative forbearance will end. ・The One Big Beautiful Bill officially eliminates SAVE and move borrowers into a version of IBR,