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: Limited to $50,000 per year (lifetime cap of $200,000).

: The plan is designed to shield borrowers from "runaway interest," ensuring that full, on-time payments help reduce the actual principal balance over time.

: Unlike previous plans that allowed for $0 payments, RAP requires a minimum payment of $10 per month , even for borrowers with no income. college loan

: Starting July 1, 2026, Graduate PLUS loans will no longer be available for new borrowers. New Borrowing Caps :

The most significant "interesting" feature appearing in 2026 is the , a streamlined federal income-driven option that officially replaces older, more complex plans like SAVE and PAYE for new borrowers starting July 1, 2026 . Key Features of the New "RAP" Plan : Limited to $50,000 per year (lifetime cap of $200,000)

: Limited to $20,500 per year (lifetime cap of $100,000).

: Borrowers can subtract $50 per month from their calculated payment for each dependent child listed on their tax return. : Starting July 1, 2026, Graduate PLUS loans

: Any remaining balance is forgiven after 30 years of consistent repayment. Other Major Changes in 2026