The Repayment Assistance Plan will roll out on July 1, 2026, replacing existing income-driven repayment plans for new borrowers.
WASHINGTON, DC - AUGUST 08: U.S. President Donald Trump at the White House on August 8, 2025 in Washington, DC. Trump's "Big, Beautiful Bill," which he signed into law in July, creates a new student ...
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.
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Trump's RAP Plan comes as a solution to student debt
With the student debt landscape in constant flux, President Donald Trump has unveiled a legislative initiative that could redefine the financial outlook for millions of borrowers. The 'One Big ...
When Congress passed the "big beautiful bill" earlier this month, it created a new student loan repayment plan. Here's what to know about the option. When Congress passed the "big beautiful bill" ...
・The Repayment Assistance Plan (RAP) is proposed to replace current income-driven repayment options for federal student loans. ・Monthly payments under RAP scale with income, ranging from $10 minimum ...
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