College Loan (Exclusive)

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

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

: Monthly payments are set at 1% to 10% of your annual adjusted gross income. The most significant "interesting" feature appearing in 2026

: Now capped at $20,000 per year per student with a $65,000 lifetime limit. college loan

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