The Senate's version of Trump's big spending bill doubles down on condensing income-driven repayment plans and places caps on some student loans.

The Trump administration has updated green card applications, requiring a new medical examination form for each permanent residency application, effective immediately.

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Starting in 2026, new federal student loans will offer only two repayment options: a fixed plan and a new income-driven plan (RAP), replacing the current array of choices.

The Senate has released its version of President Trump’s “big, beautiful bill.” Here’s how it differs from the House version for student loan borrowers.

What are the new student loan repayment plans in the budget bill? The Republican-led bill consolidates student loan repayment options into a standard repayment plan and the Repayment Assistance Plan.

The proposed "Repayment Assistance Plan (RAP)" would replace all existing income-driven repayment plans but could increase monthly payments for certain borrowers.