News

Warning issued over Trump's new plan

What Is the New Repayment Assistance Plan (RAP) for Student Loans?
The Repayment Assistance Plan, created by Trump's budget reconciliation bill, will replace several income-driven repayment plans starting in 2026.
Student Loan Update: Warning Issued Over Trump's New Plan
The Institute for College Access and Success (TICAS), a student loan borrower advocacy organization, is warning against a new repayment plan that the Trump administration is introducing within the next few months.
What is the new Standard Repayment Plan for student loans and how will it impact borrowers?
President Donald Trump's "One Big Beautiful Bill," signed into law on July 4, delivers sweeping changes to federal student loan borrowing and repayment and includes a new Standard
Trump's 'big beautiful bill' includes changes to student loan repayment plans — when and how they will affect borrowers
RAP is an income-based student loan repayment plan that the Trump administration says will simplify the loan repayment process, as it will replace all preexisting income-based plans for new borrowers, such as SAVE, PAYE, REPAYE and ICR.
Student Loan Update: New Plan Rolled Out to Help 1.4 Million Borrowers
New York City Mayor Eric Adams announced the student loan reduction and college savings assistance program on Thursday.
Can you change your student loan repayment plan in 2025? Here's what you need to know
For federal student loan borrowers, 2025 is shaping up to be a year of urgent decisions. The landscape of repayment is undergoing its most dramatic transformation in years, and fai
With student loan forgiveness under IBR plan paused, what it means for borrowers
The Department of Education said in a statement that the "Department has temporarily paused discharges for IBR borrowers in order to comply with ongoing court injunctions" over the Biden administration’s student loan forgiveness plan.
Nearly 1 in 5 older student loan borrowers are seriously delinquent as Trump steps up collections
There's still time for older student loan borrowers who are behind on their bills to avoid default, and garnishment of their retirement benefits and wages.
How Trumps Student Loan RAP Plan Will Work and Its Warnings
Understand how Trump’s new RAP student loan plan works, its stricter rules, and why advocates warn it could raise your monthly payments.

Future Parent PLUS Loans Will Not Qualify For The Income-Driven Repayment Plan

Parents who take out PLUS loans to help their children finance college after July 1, 2026 will only be able to use the ...
CNET1mon

Student Loan Repayment Plans Will Last as Long as Most Mortgages. How Much the New Budget Bill Will Cost You

Monthly payments could drop, but most borrowers will pay more in interest over time. What to expect now that President Trump's "Big Beautiful Bill" is law.
MiBolsilloColombia on MSN5d

Some borrowers will pay $50,000 more under new loan plan

The ‘One Big Beautiful Bill’ extends student loan repayment terms, which could mean higher interest costs over time for many ...

New Student Loan Repayment Plan Will Be Eligible For Public Service Forgiveness

The newly created Repayment Assistance Plan, available for borrowers starting July 1, 2026, will qualify for the Public ...
Hosted on MSN1mon

Republican 'Repayment Assistance Plan': How Does It Stack Up ... - MSN

The Repayment Assistance Plan (RAP) proposed by Republicans could reshape the landscape of student loan repayment if enacted. Under this plan, borrowers taking loans after July 1, 2026, would ...