Republicans' One Big Beautiful Bill Act could result in higher monthly payments for many federal student loan borrowers, a new analysis finds. If the legislation is enacted as drafted, a student loan ...

・The new Repayment Assistance Plan (RAP) will qualify for Public Service Loan Forgiveness (PSLF). ・Parent PLUS loans appear to be excluded from PSLF eligibility due to limitations in repayment plan ...

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If the legislation is enacted as drafted, a student loan borrower earning roughly $80,000 a year (the median for a bachelors' degree holder in 2024) would have a monthly payment of $467 under the ...