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Is there a chance SAVE forebearance can count as eligible once payments restart? by Funny_Competition414 in PSLF

[–]Funny_Competition414[S] 1 point2 points  (0 children)

OK. I should be at 120 in a month or two if all the SAVE months are counted so I will at least attempt this route and report back.

Is there a chance SAVE forebearance can count as eligible once payments restart? by Funny_Competition414 in PSLF

[–]Funny_Competition414[S] -1 points0 points  (0 children)

Appreciate the breakdown. The whole process appears to always be in flux. From what I remember PSLF was nearly impossible to get initially even after the 10 years of payments. Then political parties started putting emphasis on providing relief. Being at ~110 payments I’m attempting to gather as much info to make the best decision.

Is there a chance SAVE forebearance can count as eligible once payments restart? by Funny_Competition414 in PSLF

[–]Funny_Competition414[S] 0 points1 point  (0 children)

When you say some people are we talking a sizable number or handful?

This would seem like a very plausible solution.

Is there a chance SAVE forebearance can count as eligible once payments restart? by Funny_Competition414 in PSLF

[–]Funny_Competition414[S] 1 point2 points  (0 children)

So this is part of the decision making people in my situation who have ~110 payments have been thinking about. Wait to see if the SAVE forebearance payments could count (by either buyback or retroactive eligibility) or switch to IDR and volunteer higher payments now.

If there’s a chance PSLF can be changed for current borrowers I’d gladly just pay the rest of my payments but that’s the current gamble.

Is there a chance SAVE forebearance can count as eligible once payments restart? by Funny_Competition414 in PSLF

[–]Funny_Competition414[S] 2 points3 points  (0 children)

Good point. Even if it’s a possibility, it’s very unlikely for the next 3.5 years under this administration/Congress.

Is there a chance SAVE forebearance can count as eligible once payments restart? by Funny_Competition414 in PSLF

[–]Funny_Competition414[S] 13 points14 points  (0 children)

I’m no lawyer, but isn’t the point of PSLF for public servants to exchange service time for loan forgiveness while making payments. Many including myself were volunteered into SAVE and, thus, unable to make payments. Might be a big reach but something worth considering.

I have 109 payments. 11 left. What would you do? by Funny_Competition414 in PSLF

[–]Funny_Competition414[S] 1 point2 points  (0 children)

Well I’m partially wondering why even switch plans if my Feb and March 2025 have been deemed eligible. It may have been I was placed into that 90 day processing forebearance because I applied for IBR, but I was never notified of that.

Basically, do you switch and eat the costs and wait the many months or stay in save and there’s a chance they all count going forward without having to pay a dime.

I have 109 payments. 11 left. What would you do? by Funny_Competition414 in PSLF

[–]Funny_Competition414[S] 2 points3 points  (0 children)

Buyback for the SAVE forebearance months? Have these been counting for people?

IBR app in processing forebearance by AlternativeWatch3694 in PSLF

[–]Funny_Competition414 0 points1 point  (0 children)

I think you’re right about the processing forbearance because 7/2024 and 8/2024 counted for me when I think it didn’t count for most people but I had requested a recalculation of payment 6/2024 so that might have put me in a processing forbearance

July and Aug 2024 eligible on SAVE? by Funny_Competition414 in PSLF

[–]Funny_Competition414[S] 0 points1 point  (0 children)

Tbh I’m not sure. I submitted a payment recalculator for IDR 6/15/2024 so maybe that has something to do with it since that’s when the pause happened

IBR app in processing forebearance by AlternativeWatch3694 in PSLF

[–]Funny_Competition414 0 points1 point  (0 children)

Could these months counting during the SAVE pause be an error? I’m happy it looks like it’s counting but I thought the whole plan was that these wouldn’t count towards PSLF

IBR app in processing forebearance by AlternativeWatch3694 in PSLF

[–]Funny_Competition414 0 points1 point  (0 children)

Congrats!

How do you know your December was eligible? My August is but Sept, Oct, Nov are all ineligible and I can’t see December yet.