RAP vs. Legacy IDR: Side-by-Side Comparison

The new Repayment Assistance Plan (RAP) is worse for borrowers in almost every way. Here's exactly how it compares to IBR, PAYE, and ICR—and why consolidating before July 2026 matters.

The Key Differences

FeatureLegacy IDR (IBR/PAYE)RAP (New Plan)
Forgiveness Timeline20-25 years30 years
Payment BasisDiscretionary incomeGross income (AGI)
Income Protection150-225% of poverty line exemptNone—starts from $0
Payment Rate10-15% of discretionary incomeSliding scale based on AGI
Minimum Payment$0 if income qualifies$10/month minimum
Dependent DeductionBuilt into poverty calculationFlat $50/month per dependent
Interest SubsidyVaries by plan, some protectionNo broad subsidy
PSLF EligibleYesYes

Why RAP Is Worse

1. Ten More Years to Forgiveness

RAP extends the forgiveness timeline to 30 years (360 payments). That's a full decade longer than the 20-year forgiveness on PAYE, and 5 years longer than 25-year forgiveness on IBR.

2. No Income Protection

Legacy IDR plans protect income near the poverty line from being counted toward your payment. PAYE, for example, only counts income above 150% of the federal poverty level as "discretionary income."

RAP eliminates this. Your payment is calculated on your gross adjusted income starting from dollar one. For low-income borrowers, this means significantly higher payments.

3. $10 Minimum Payment

On IBR or PAYE, if your income is low enough, your payment can be $0—and that $0 payment still counts toward forgiveness. RAP imposes a $10 minimum, meaning no truly free months.

The July 2026 "Consolidation Cliff"

Any loans taken out after July 1, 2026 are only eligible for RAP—not legacy IDR plans. If you have existing loans that you want to keep on IBR or PAYE, do not consolidate them with any new loans taken after this date, or your entire balance becomes RAP-only.

Who Should Consider Pre-Cliff Action

Consider consolidating or locking in your plan before July 1, 2026 if:

The Strategic Consolidation

If you consolidate all existing federal loans into a Direct Consolidation Loan before July 1, 2026, that consolidated loan remains eligible for legacy IDR plans (IBR). Any new loans you take after July 2026 would be separate and RAP-only—but at least your existing debt is protected.

IBR Is the Survivor

Of the legacy IDR plans, IBR (Income-Based Repayment) is the only one that survives the OBBBA terminations. PAYE and ICR are scheduled for elimination on July 1, 2028. If you're currently on PAYE or ICR, you'll eventually need to switch to IBR or move to RAP.

For long-term planning, IBR is the stable choice among legacy plans.