RAPpath Plan comparison
RAP vs IBR: Compare Your Student Loan Payment
Enter your income once and see both plans side by side. The calculator shows which is cheaper per month for your situation.
RAP vs IBR at a glance
| RAP | IBR (New) | |
|---|---|---|
| Based on | Total AGI | Discretionary income |
| Rate | 1%–10% by bracket | 10% of discretionary |
| Dependent benefit | $50/mo per dependent | Larger family = higher poverty offset |
| Forgiveness | After 30 years | After 20 years |
| Minimum payment | $10/mo | Can be $0 |
Frequently asked questions
What is the main difference between RAP and IBR?
RAP charges a percentage of your full AGI (1%–10%). IBR charges 10% (new) or 15% (old) of discretionary income, which is AGI minus 150% of the federal poverty line. IBR shelters more income for larger families, while RAP can be simpler and lower for single borrowers with modest income.
Should I switch from IBR to RAP?
If your IBR payment is higher than the RAP estimate for the same income, RAP may save money — but check the forgiveness timeline (RAP forgives after 30 years; New IBR after 20). Run both above before deciding, and confirm with your servicer.
Which plan forgives loans faster?
New IBR forgives remaining balances after 20 years of qualifying payments; old IBR after 25 years. RAP forgives after 30 years (360 payments). A lower monthly payment under RAP can mean a longer road to forgiveness.
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