Fri May 23 16:20:00 UTC 2025: **News Article:**

**Student Loan Borrowers Face Uncertainty as House Votes to Repeal Key Repayment Programs**

**Pittsburgh, PA – May 22, 2025** – Student loan borrowers are facing increased anxiety as the U.S. House of Representatives voted early Thursday morning to repeal several existing student loan forgiveness and repayment programs. The move comes as part of a broader bill championed by President Trump, potentially overhauling the landscape of higher education debt management.

The legislation targets popular income-driven repayment plans, including Income-Contingent Repayment (ICR), Pay As You Earn (PAYE), and the Saving On A Valuable Education (SAVE) plan. If passed by the Senate and signed into law, borrowers could be automatically shifted into a modified version of the income-based repayment plan, potentially leading to higher monthly payments, according to the Student Borrower Protection Center.

A key provision of the bill introduces a new income-driven plan called the Repayment Assistance Plan (RAP), which extends the repayment period to 30 years, similar to a mortgage.

“It’s looking like 360 payments. So, a little more like a mortgage, right?” explained Amy Lins, VP of Customer Success at Money Management International, in an interview with KDKA’s Meghan Schiller. Lins advises borrowers to utilize the loan simulator calculator on studentaid.gov to understand potential impacts.

Lins encourages those with student loan debt to take an aggressive approach to their finances. “You got to really start to kind of go into beast mode, right? Go into that beast mode of like, ‘OK, how do I increase my income? How do I decrease my expenses? What is my drop-dead number on what I can pay? Do I have to tweak my lifestyle? Do I have to start thinking about economizing?'”

The bill also seeks to prevent the Department of Education from implementing broad student loan forgiveness programs through regulatory action, a strategy previously attempted by former President Biden.

With the House vote concluded, all eyes now turn to the Senate, where the bill’s future hangs in the balance. The outcome will significantly impact millions of student loan borrowers across the country.

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