: Now capped at $20,000 per year per student with a $65,000 lifetime limit.
: Any remaining balance is forgiven after 30 years of consistent repayment. Other Major Changes in 2026 college loan
: Unlike previous plans that allowed for $0 payments, RAP requires a minimum payment of $10 per month , even for borrowers with no income. : Now capped at $20,000 per year per
: Monthly payments are set at 1% to 10% of your annual adjusted gross income. : Now capped at $20
: Now capped at $20,000 per year per student with a $65,000 lifetime limit.
: Any remaining balance is forgiven after 30 years of consistent repayment. Other Major Changes in 2026
: Unlike previous plans that allowed for $0 payments, RAP requires a minimum payment of $10 per month , even for borrowers with no income.
: Monthly payments are set at 1% to 10% of your annual adjusted gross income.