Net Neutrality clarification

Hi. First time posting and I admit, I haven't been keeping up with the new net neutrality laws with the FCC. And as a college student who's always online, I feel like I haven't been doing my part. I'm just now starting to look into the new proposed policies and I need some clarification. These are all the facts I think I know, so please correct me on any if I'm wrong. 1. ISPs want to make it so that big companies that use a lot of bandwidth on their servers (Netflix, Facebook, etc) pay for a "fast lane" 2. Most consumers want to make it so that no one pays for a "fast" or "slow" lane. But if this happens, then what will ISPs do with services that are using too much of their bandwidth (like Netflix)? 3. If they don't pay for a "fast lane", then they'll be deliberately put onto a "slow lane" with all the other companies who don't pay.If no one pays for the "fast lane", then everyone will be put on the "slow lane"...therefore everyone would be equal? Please correct me if I'm wrong on any of these. Thanks in advance! (and sorry if this post looks weird. Formatting is a little strange on Internet Explorer)