US student loan repayment plans have changed significantly, with the SAVE plan discontinued and forgiveness benefits removed from several options. The Income-Based Repayment (IBR) plan now emerges as the best choice for many borrowers, despite a temporary pause on loan discharge. A new Repayment Assistance Plan (RAP) will launch in 2026, extending repayment terms. Borrowers face longer repayment periods and must be cautious of accruing interest during forbearance, as explained by education experts.