NEW Student Loan Plan: Payments, $50 Cap, Interest Forgiveness & MPN Lawsuit Threats Explained

The FitBUX Podcast

🚨 This isn’t final yet—but it could change everything. Congress is proposing a brand-new student loan repayment plan called IBR RAP—and it’s not just a tweak.

We're talking about interest forgiveness, a $50 cap on principal reduction, and a repayment structure that flips everything we’ve known about IDR plans.

In this LIVE from YouTube, we’ll walk through:

✅ What the proposal actually says (not the headlines)

✅ Real payment examples: $10, $50, $400, and what gets forgiven

✅ Whether this is better or worse than SAVE, PAYE, or IBR

✅ What this means for your loan balance, forgiveness timeline, and financial plan

✅ Why some borrowers are already saying this violates their Master Promissory Note—and could lead to lawsuits

⚠️ If you’ve ever been told you’re locked into PAYE or New IBR, this plan could force you off those repayment options—no grandfathering. That’s where the legal firestorm begins.

🎯 Whether you’re paying off loans or hoping for forgiveness, this could impact your entire financial strategy.

💬 Drop your questions in the chat—this is your chance to get clarity before anything becomes law.

📌 FitBUX has helped 20,000+ borrowers manage over $2.9 billion in student loans and assets. We’re here to simplify the chaos and help you make confident decisions.