The Trump administration has enacted legislation to fundamentally restructure the federal student loan landscape in the United States. With a $3.3 trillion budget reconciliation package, these changes aim to simplify and streamline the borrowing and repayment process,

The proposed changes arrive based on concerns that federal funds have been used to support organizations the administration views as acting outside the law.

Trump’s sprawling new budget package creates a brand-new federal student loan repayment option called the Repayment Assistance Plan, or RAP. Essentially, this plan condenses several income-drive repayment plans into one.