Compare income-driven repayment plans and find your optimal strategy for PSLF. Switching to RAP is a one-way, irreversible decision.
Override salary, marital status, and more for each year. Pre-populated from your sliders.
Step 1: Select your current plan and whether you borrowed before July 2014.
Step 2: Enter your numbers. If married, check the box and enter spouse's income.
Step 3: Review costs under two scenarios: PSLF succeeds (balance forgiven) and fails (you owe the rest).
Auto-optimize filing: The tool files separately only in years where payment savings exceed the tax cost. Once your income alone hits the payment cap, it switches to joint — no reason to pay extra taxes when separate filing doesn't lower your payment.
IBR deducts a poverty allowance; payments capped at 10-year standard amount. RAP uses 1-10% tiered rates with no cap — can exceed IBR at high incomes. Each child reduces RAP by $50/mo. Government subsidizes unpaid interest + $50/mo principal.
Warning: IBR to RAP allowed. RAP to IBR NOT allowed. Consolidation = RAP only, permanently.
Disclaimer: This tool is for educational and informational purposes only. It does not constitute financial, legal, or tax advice. Consult a qualified professional before making student loan decisions. Results are estimates based on simplified models and may not reflect your exact situation.
Version: 2.1 · Last Updated: March 2026
Calculations based on federal student loan rules and repayment formulas as of March 2026. Laws, regulations, and program rules may change without notice.