Student Loans 2026: RAP & New Rules
Update: 2026-01-04
Description
In 2026, significant changes are coming to student loans, including a new income-driven repayment plan called RAP, tighter borrowing limits for parents and graduate students, and taxable loan forgiveness. The RAP, which starts in July 2026, requires at least $10 monthly payments and may cost lower-income individuals more over time. New college freshmen will be locked into RAP, and parents will face PLUS loan caps. Loan forgiveness will be taxable, and public service loan forgiveness may be impacted. Families and students should plan ahead and explore grants and scholarships to avoid these challenges. Checkout Solipillow.com
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