SAVE plan forbearance — should I switch to IBR/PAYE or wait for a new plan?

Hey everyone,

Looking for some advice because I’m a little stuck on what to do next.

I graduated in May 2024 and have been in administrative forbearance since I applied for the SAVE plan. Now with everything going on (court stuff, SAVE being blocked, etc.), it sounds like I might need to pick a different repayment plan.

From what I’m seeing, my main options are:

• Income-Based Repayment (IBR)
• Pay As You Earn (PAYE)

But I’ve also been hearing talk about a possible new plan (some people are calling it “RAP” or something similar?) that might come out later this year.

So I’m trying to figure out:

• Should I just enroll in IBR or PAYE now?
• Or stay in forbearance as long as possible and wait to see if a new plan drops?

For context:

• Just graduated → income is still on the lower side
• Payments would likely be very low (or $0) right now anyway
• Not super concerned about total payoff timeline yet, just trying to make the smartest move early

Honestly, I’m not mad about being in forbearance this long, it would’ve been nice to already be making progress, but I know a lot of people are in the same boat.

Just not sure what the best move is going forward so I don’t screw myself long term.

Would appreciate any insight from people in a similar situation or who understand this stuff better 🙏