Will students who enroll in the Pay As You Earn program be “grandfathered” into it for the remainder of their repayment process, no matter what?

I ask because I graduate from law school in May of 2013, which means I will be required to enter repayment of my student loans in November of 2013. I know that President Obama, who implemented the plan, will only be in office until 2016 when his second term will end. After that, if we elected a new President who decided to “cancel” or do away with the Pay As You Earn program, would I still be able to remain in that program, or would I be forced to enroll in another loan repayment program?

I sincerely appreciate your time and help in this matter, and I look forward to your response.

No matter what?  Not exactly.  Here’s the way I think about it. They change the rules on this stuff all the time.  That’s one of the reasons it is so convoluted.  Congress can change what Congress wants to change.  But consider this: rule changes that reduce a borrower’s options or benefits have historically been made only prospectively.  In the past, borrowers have been allowed access to the programs they were promised.  My hope and belief is that the rug would not be pulled out from under you.  That would be unprecedented.  That said, I’m not in charge and there are no guarantees.  We’d have excellent arguments in law and equity against a mid-game rule change, but no clear legal action to prevent them.