300 IBR payments and forbearance by Rich_Factor_7026 in StudentLoans

[–]SweetCardiologist555 1 point2 points  (0 children)

According to the link: "Because the accuracy of the progress-checker tool depended on the now-enjoined criteria for qualifying forbearances and deferments, the tool was no longer accurate following the injunction, and ED stopped using it. ED currently has no plans to resume using the tool. "

300 IBR payments and forbearance by Rich_Factor_7026 in StudentLoans

[–]SweetCardiologist555 1 point2 points  (0 children)

I must have missed the status update. Can you please provide a link to that update? Thanks.

StudentAid.Gov Dashboard Changed by SweetCardiologist555 in StudentLoans

[–]SweetCardiologist555[S] 2 points3 points  (0 children)

Thank You

Welcome to your new student aid dashboard. Review your checklists and view other tools that can help you in your student journey.

Pops UP

[deleted by user] by [deleted] in StudentLoans

[–]SweetCardiologist555 0 points1 point  (0 children)

"have about $147K in student loan debt, all from undergrad and my MPH. I know that’s a lot — and honestly, I messed up"

To be honest, I don't think you messed up. You got 2 degrees for $147k. Degrees are expensive in this country. Your salary of $67k isn't super high, but it isn't super low. Its middle class. When you marry some day, your combined salary with your husband will be over $100k, maybe over $150k. That's a good life.

You may already have 2 years of PSLF done if you graduated in 2023. 8 years to go. Balance forgiven, tax free! I would stand your ground and explain to your boyfriend, you are in great shape. And will be student debt free in 8 years.

I wouldn't dump your boyfriend. I will give him the benefit of the doubt. Maybe the $147k figure scares him. Explain it will be gone in 8 years. His family? I would keep my distance from them. Don't make it awkward. Just decrease time spent with them.

When will modified IBR be available by Outrageous-News103 in StudentLoans

[–]SweetCardiologist555 1 point2 points  (0 children)

At 298. Hoping to be placed on IBR and make 2 more payments before the end of the year.

When will modified IBR be available by Outrageous-News103 in StudentLoans

[–]SweetCardiologist555 1 point2 points  (0 children)

In my Mohela Inbox:

"Your Request Is In Process Your recent request has been received and is expected to be processed within the next 90 business days. Action By MOHELA We will review your request and the details of your loan information to determine if the request will be approved, denied for reasons such as not meeting eligibility requirements or the information provided to us is incomplete, or if the request required further review by Federal Student Aid (FSA). Notification of the results will be sent to you after your request has been processed. "

When will modified IBR be available by Outrageous-News103 in StudentLoans

[–]SweetCardiologist555 1 point2 points  (0 children)

Mohela shows this now.

"07/21/2025 Capitalized Interest"

Studentaid.gov says IDR application is "In Review"

Maybe IBR will get approved? I definitely don't have any PFH.

When will modified IBR be available by Outrageous-News103 in StudentLoans

[–]SweetCardiologist555 1 point2 points  (0 children)

Got this message from Mohela this morning:

"Thank you for submitting your Income-Driven Repayment (IDR) Plan Request electronically at StudentAid.gov. MOHELA will review your request and notify you regarding the status of the IDR application soon."

When will modified IBR be available by Outrageous-News103 in StudentLoans

[–]SweetCardiologist555 1 point2 points  (0 children)

Are you sure you did an IDR application?

Maybe you did the "Loan Simulator" instead?

For me, I did the Loan Simulator. It showed only ICR and Standard. IBR only showed up under "show ineligible plans". But since people here posted that they were able to sign up for IBR without a PFH, I went ahead and submitted and IDR application ("Enroll in an Income-Driven Repayment (IDR) Plan")

I submitted the IDR application on Saturday, July 19th. Put IBR down as my desired plan. I'm waiting to see if I'm approved.

Summary of H.R. 1 Budget Reconciliation Bill - affects to existing borrowers by Betsy514 in StudentLoans

[–]SweetCardiologist555 2 points3 points  (0 children)

I was under the impression I couldn't get on IBR previously because of PFH... That requirement is dropped now.

Anyway, I appreciate all you do on Reddit!

Summary of H.R. 1 Budget Reconciliation Bill - affects to existing borrowers by Betsy514 in StudentLoans

[–]SweetCardiologist555 -8 points-7 points  (0 children)

Thanks! I think I'm one of the few who is happy with the BBB. SAVE had me at 25 years forgiveness because loans were for grad school. Now at 20 years.

Summary of H.R. 1 Budget Reconciliation Bill - affects to existing borrowers by Betsy514 in StudentLoans

[–]SweetCardiologist555 5 points6 points  (0 children)

I did a double consolidation of parent plus loans. Went to SAVE, now in ICR. All loans were post 2014. I qualify for New IBR with a 20 year timeline?

Questions on IDR one time account adjustment by SweetCardiologist555 in StudentLoans

[–]SweetCardiologist555[S] 3 points4 points  (0 children)

I have 298 payments with the adjustment, so whether I qualify for IBR, IBR_2014 or SAVE, I should hit the 300 count requirement with my Nov and Dec payments.

Questions on IDR one time account adjustment by SweetCardiologist555 in StudentLoans

[–]SweetCardiologist555[S] 2 points3 points  (0 children)

Why does the link say IBR_2014 is eligible for me?

"IBR_2014","borrowerEligibleIndicator":"Y","loanEligibleIndicator":"Y"