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New Federal Loan Limits Will Restrict Access to Advanced Nursing Education and Weaken the Healthcare Workforce
OB3 FINAL RULES: Press release from ANA
Started by Mr.Smile12
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Key takeaway for borrowers: the RAP (Repayment Assistance Plan) provisions go live July 1, 2026. That's the income-driven repayment overhaul that replaces SAVE and closes PAYE/ICR to new enrollees. Payment is capped at 10% of discretionary income with a different poverty-line multiplier than IBR. For medical borrowers specifically: resident income is low enough that the RAP payment floor hits meaningfully differently than IBR, especially in the first 3-4 years post-match. Worth modeling both before the July cutover — RAPlan has a calculator built for exactly this scenario.
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