Education Department May Be Shadow Repealing This Student Loan Program

The U.S. Education Department has implemented a new rule that restricts access to the Public Service Loan Forgiveness (PSLF) Buyback program for periods when borrowers are enrolled in the new Repayment Assistance Plan (RAP) or Tiered Standard repayment plan. This change effectively makes borrowers who take out new federal student loans or consolidate existing ones on or after July 1, 2026, ineligible for PSLF Buyback, as they will only have access to RAP and Tiered Standard plans.