I owe almost $300K in student loans (have paid nearly $30,000K during covid). Through the save plan, my estimated payment is about $400.00 less. (though I am deferred until 2026 as I applied for borrower defense as my s*** grad school went under haha).Biden coming through on a new SAVE plan? It makes me think of the forgiveness for Public Service jobs but expanded. Will be a kind of Income Based Payment with a path toward canceled debt after some years. Not sure if this time varies for applicants with different debt amounts.
I owe almost $300K in student loans (have paid nearly $30,000K during covid). Through the save plan, my estimated payment is about $400.00 less. (though I am deferred until 2026 as I applied for borrower defense as my s*** grad school went under haha).
I think big plus is the interest update. My understanding is as long as you pay your monthly payment, you will no longer accrue interest and see your loan go up.
LIke $60K of that $300K is interest on my loans. Not accruing interest like that is going to be huge for a lot of people.
Just ask him if he’s single already pffft!Are you a neurosurgeon now?
No, I am not that smart. I am attorney.Are you a neurosurgeon now?
Woah, we got two on this forum…No, I am not that smart. I am attorney.
Navient used to handle the federal, but during the Trump administration, it was moved to Aidvantage for reasons.Was curious if anyone else wound up having their loans moved to be serviced y AidVantage?
When payment restarted, everything looked as expected. Going into November though, it shows I owe $0 while still showing my full balance $36,495.31.
I'm not sure if something messed up behind the scenes or if a broad sweeping income based repayment plan to put in place that I got dropped in? Still, it seems like that might lower my payment, but not drop it to zero.
I guess I'm going to make a payment anyway since it still shows a balance, but this is weird. I wish it showed what I owe since before it was broken down by what goes to individuals loans and I could prioritize them.
Navient used to handle the federal, but during the Trump administration, it was moved to Aidvantage for reasons.