IBR After July 2026: Who Can Still Use It

IBR is 15% of discretionary income (10% for borrowers whose first loan came on or after July 1, 2014), capped at the 10-year Standard payment, with forgiveness after 25 or 20 years (20 U.S.C. 1098e). Discretionary income is AGI above 150% of the poverty line for your family size. If you take out a new loan on or after July 1, 2026, all your loans move to RAP or the Tiered Standard plan instead.

Last reviewed 2026-10-29. General information, not financial advice. studentaid.gov, your servicer and the Loan Simulator come first.