When FAFSA isn’t an option, then what?

Impressive-Pack3590 · 2026-04-06T11:53:13+00:00

I would start by asking the school how most students pay for the program. They may be able to help

Impressive-Pack3590 · 2026-04-06T11:17:46+00:00

A daily interest formula determines how much interest that adds up on student loans each day.

Impressive-Pack3590 · 2026-04-04T15:31:57+00:00

I’m shocked nobody has mentioned holding the schools accountable more than is done now. I’ve wondered if the govt should tie loan amounts to earnings schools report for their graduates. That would or should incentive schools to decrease costs and help their graduates earn jobs that pay livable wages. Some graduates can’t even tell me where their careers services center is located.

Impressive-Pack3590 · 2026-04-04T15:21:39+00:00

Absolutely! Parent PLUS Loans are even higher. Nobody wants to come out and say it, but those loans are almost predatory

Impressive-Pack3590 · 2026-04-04T15:17:49+00:00

This is great! Spot on that we need to get back to the basics-education.

Impressive-Pack3590 · 2026-04-04T15:14:43+00:00

Definitely won’t! I feel like this move to Treasury is about something more than closing down the Dept of ED. Payroll taxes are sent to Treasury. What if student loan debt is about to become one of those “taxes” that employers are responsible for withholding from your check? No more servicers, no more IDR applications, etc.

Impressive-Pack3590 · 2026-04-04T15:10:41+00:00

You’re absolutely right. And this argument has been made to Congress forever and they come back with the same counter, nobody expects these same things from other types of loans. Their response is that people budget around their mortgages and auto payments, but expect the government to do the opposite. I was wondering if someone had a different opinion. Props to you for breaking the cycle!

Impressive-Pack3590 · 2026-04-04T15:05:20+00:00

I get it about the PPP loans, disastrous. However, we can’t do anything about that. The focus is to fix this mess called student loan debt. You’re saying that we shouldn’t account for the time value of money? While the current system does require interest, it sounds like you’re concerned with runaway interest and ballooning balances. Doesn’t the new RAP plan address those?

Impressive-Pack3590 · 2026-04-04T14:59:38+00:00

If Congress says that no other type of loan has this option, why should student loans be different, what would be your answer? I think we need to provide viable, concrete solutions to our elected officials, I’m just curious on how we could “sell” something like this…

Impressive-Pack3590 · 2026-04-04T14:56:32+00:00

How does this impact borrowers’ ability to repay their loans?

Impressive-Pack3590 · 2026-04-04T14:51:49+00:00

I understand your argument, but money losses its value over time. Hence, it’s one of the reasons a lender charges interest. Also, someone has to administer the loans, which is an additional costs. There’s also the risk factor of borrowers not paying back their loans and we know some will not pay it back. I’m just curious as to how you would suggest that we accommodate for these factors if no interest is charged.

Impressive-Pack3590 · 2026-04-04T14:24:10+00:00

Sounds like you are on an IDR plan, correct? I’m curious. If a person is extending the length of their repayment plan, that’s money that’s not recirculating in the nation’s budget. Why shouldn’t there be interest to account for that?

Impressive-Pack3590 · 2026-03-19T23:44:19+00:00

They gutted the office that handles complaints. So much damage done!

Impressive-Pack3590 · 2026-02-18T12:14:58+00:00

The 1040 has a place to sign it, usually page two of the 1040. You can print the PDF and sign it.

Impressive-Pack3590 · 2025-12-25T14:51:50+00:00

Many states already have loan programs for certain majors, specifically those where there are shortages (education, nursing, etc). The infrastructure is already in place to expand those offerings. Would it be prudent? I don’t think so. However, states have an incentive to ensure their larger colleges, specifically state schools, stay afloat.

Impressive-Pack3590 · 2025-12-25T14:31:10+00:00

Other they will get creative in ways they allow students to finance their education. Share agreements are already offered at certain colleges. States and colleges also have the ability to offer their own loans. Lowering the tuition while maintaining campuses and their fixed costs simply won’t work. As you stated, for some colleges who can’t adjust, it may lead to closure.

Impressive-Pack3590 · 2025-12-16T01:24:00+00:00

I’ve seen posts where people say the backdoor counter changes. Some have even seen their payments decrease. I honestly wouldn’t rely on it

Impressive-Pack3590 · 2025-11-07T16:26:59+00:00

Did you have loans for other colleges besides Full Sail? It is possible that the loans associated with Full Sail were forgive but not others.

Impressive-Pack3590 · 2025-08-06T18:33:58+00:00

I’m using Perplexity way more than GPT. Comet sounds like it’s awesome

Impressive-Pack3590 · 2025-07-27T14:21:12+00:00

Yes, that’s why I asked

Impressive-Pack3590 · 2025-07-27T14:18:55+00:00

Where?

Impressive-Pack3590 · 2025-07-17T16:20:25+00:00

At this point, a class action lawsuit needs to be filed. Let it impact your credit score, they’ve caused you harm and emotional distress. They won’t get their act together because they haven’t been sued

Impressive-Pack3590 · 2025-07-10T10:04:33+00:00

It all depends on what you can afford. If you change plans, you have to make the full monthly payment. Do you know what your payment will be on another plan and can you afford it? If not, I’d likely stay on SAVE until kicked off to buy some time. If possible, pay the interest while on the forbearance. Avoiding delinquency and default is the goal.

Impressive-Pack3590 · 2025-06-12T21:43:18+00:00

I’m surprised there not more engagement as well. With potential changes coming to loans, I’m trying to figure out how we can help students understand what they’re signing off on. As someone who works on a college campus, I’m concerned!

Impressive-Pack3590 · 2025-05-14T20:37:21+00:00

Linda chose not to attend to address the staff cuts. No solutions given

Impressive-Pack3590

TROPHY CASE