{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"NEW Student Loan Plan: Payments, $50 Cap, Interest Forgiveness & MPN Lawsuit Threats Explained","description":"\ud83d\udea8 This isn\u2019t final yet\u2014but it could change everything. Congress is proposing a brand-new student loan repayment plan called IBR RAP\u2014and it\u2019s not just a tweak. We're talking about interest forgiveness, a $50 cap on principal reduction, and a repayment structure that flips everything we\u2019ve known about IDR plans. In this LIVE from YouTube, we\u2019ll walk through: \u2705 What the proposal actually says (not the headlines) \u2705 Real payment examples: $10, $50, $400, and what gets forgiven \u2705 Whether this is better or worse than SAVE, PAYE, or IBR \u2705 What this means for your loan balance, forgiveness timeline, and financial plan \u2705 Why some borrowers are already saying this violates their Master Promissory Note\u2014and could lead to lawsuits \u26a0\ufe0f If you\u2019ve ever been told you\u2019re locked into PAYE or New IBR, this plan could force you off those repayment options\u2014no grandfathering. That\u2019s where the legal firestorm begins. \ud83c\udfaf Whether you\u2019re paying off loans or hoping for forgiveness, this could impact your entire financial strategy. \ud83d\udcac Drop your questions in the chat\u2014this is your chance to get clarity before anything becomes law. \ud83d\udccc FitBUX has helped 20,000+ borrowers manage over $2.9 billion in student loans and assets. We\u2019re here to simplify the chaos and help you make confident decisions. ","author_name":"The FitBUX Podcast","author_url":"https:\/\/www.fitbux.com\/podcast\/","html":"