New Student Loan RAP Plan: Relief or Another Catch?

The federal government is rolling out the new Repayment Assistance Plan (RAP), promising lower monthly payments for many student loan borrowers. But there's a catch—miss a payment, and you could lose some of the plan's biggest benefits. Isiah is joined by financial expert Mickey McGill to break down how RAP works, who qualifies, and what borrowers need to know before the new rules take effect. Is this real relief or just more fine print?