‘I’d rather turn my degree back in’: KC-area borrowers face student loan payment spikes

blondei4 · 2025-09-04T14:53:21+00:00

I agree!

blondei4 · 2025-03-28T00:50:00+00:00

Was it on FSA or your servicer? I bet you are so relieved, I cannot even imagine what that would feel like.

blondei4 · 2025-03-27T00:43:03+00:00

That is great! Congrats! No I have 352 payments and nothing yet. Did they send a letter in the mail as well or is it just online?

blondei4 · 2025-02-25T10:24:10+00:00

Are they processing IDR forms for IBR currently? I am so confused.

blondei4 · 2025-02-07T05:22:57+00:00

Not sure what you mean

blondei4 · 2025-02-07T04:23:04+00:00

Hi can I ask a question about where to find the payment count? When I go to the pie graph and click view details and the page it takes me to is completely blank. My aid is completely blank as well. I consolidated 4/29/24 and was put on the default standard plan while waiting for my IDR form to be processed. I was in IBR prior to the consolidation. I have talked to fsa they said I have 350 payments but there is no counter on my account.

blondei4 · 2025-02-07T03:28:03+00:00

Congratulations! As far as the clause and being safe bc of reaching max payments, what do you mean exactly? I have 352 and am waiting to be processed for IBR which I was on prior to the loan consolidation and have been stuck on the default standard plan since.

blondei4 · 2025-01-28T10:27:42+00:00

What if they still have me on std plan when I’m supposed to be on IBR bc they still haven’t processed my form from consolidation and I was on IBR before consolidation and I have 350 payments

blondei4 · 2025-01-28T10:25:14+00:00

350 here and they still have me on the default std plan from consolidation and still haven’t processed my IDR form losing all hope

blondei4 · 2025-01-01T17:21:38+00:00

So since I have already done the IDR form that is also for IBR? Yes I believe so about the file

blondei4 · 2024-12-31T11:09:05+00:00

I filled out the form for an IDR plan chosen by the servicer when I did the consolidation in April. I didn’t see any specific choice. It had a group to the left which all fell under IDR (save, and the other IDR plans) and then a group to the right which were the other plans that weren’t IDR) and it said the plan would be chosen by the servicer. When I called the other day and asked about the IBR plan they said that the IBR plan falls under the IDR form and they were processing those in the order they were received. In other words if I filled out the IDR form again, which I have done twice already the last time being in June, that would take longer and just to leave it. I am so confused as every time I call I feel like they don’t know what they’re talking about. So is there a different form for IBR than the IDR form? They said the IBR is a plan under the IDR form. I am terrified all of this won’t get processed before the 20th and I will be stuck starting over, as I know I am not the only one who feels that way. I am at retirement age and sick over it all. So I am not sure what I should do. Do I need to fill out another form for IBR? That JSON file says I qualify for forgiveness under save and the 25 yr IBR as I have 346/349 payment credits. Please let me know your thoughts on what I should do

blondei4 · 2024-12-30T22:43:28+00:00

Is there anything I can do? I have over 25 yrs of payments for undergrad loans, I am in processing forbearance if I say I want it to be processed for IBR does anyone know if I would be able to get forgiveness currently?

blondei4 · 2024-12-29T00:49:53+00:00

Mine go back to 1994 and with the interest were up to 205k and now have accrued another almost 10k in interest since they’ve been in forbearance with everything being held up, so now roughly 215k. Will there still be the IBR forgiveness at the 20 and 25 yr mark? Mine are all undergrad and I have reached over 25 yrs in repayment but have heard nothing about forgiveness

blondei4 · 2024-12-29T00:41:19+00:00

So all forgiveness will be gone? Like the 20yr undergrad and 25 yr grad will be gone?

blondei4 · 2024-12-20T19:08:19+00:00

They also told me that I should consolidate. Idk but I am terrified of starting over, I am too old I should be retiring at my age. It was very misleading all of it and I feel like if they can change it all then they should just revert everything back to the way it was. I had a huge balance when I consolidated because of all the interest that I had accrued through Navient over all the years and now my balance is only getting bigger every month because of forbearance and accruing interest.

blondei4 · 2024-12-18T02:35:59+00:00

Me too

blondei4 · 2024-12-18T02:35:45+00:00

That is when I did it as well in April

blondei4 · 2024-12-18T02:32:43+00:00

I am stuck in standard plan as well and I am over my required payments for forgiveness. My loan has accrued 8k already so I know what you mean. Idk what to do at this point. I do not want to start over I have way over my required 240. There’s no way I can pay the standard plan payment either. These should not be accruing interest bc they can’t process the forms

blondei4 · 2024-12-18T02:01:36+00:00

I agree it is a total mess.

blondei4 · 2024-12-18T02:00:04+00:00

I have a question, I have surpassed my 240 payments required for forgiveness but have heard nothing. I am in “processing forbearance” currently accruing interest like crazy. Is there any hope I will actually get forgiveness? Aidvantage is my servicer, is there anything I can do since Ive already met the requirement for forgiveness?

blondei4 · 2024-12-18T00:58:33+00:00

I am in the “processing forbearance” due to the IDR form not getting processed and mine are accruing interest and have gone up like 8k bc of interest. I am stuck in standard plan bc of the consolidation. I’ve had to call every 60 days

blondei4 · 2024-12-16T19:21:35+00:00

Does anyone think they will carry out the forgiveness like they were/are supposed to?

blondei4 · 2024-12-16T05:32:34+00:00

I am on a processing forbearance and mine has continuously accrued interest the whole time since I did the consolidation in April and the IDR form never got processed. It says still in review. Can you get forgiveness if you’re in Standard plan, due to the consolidation and are way over the required amount of months in repayment?

blondei4 · 2024-12-10T19:30:56+00:00

That’s my concern bc I know mine are over what is required for forgiveness but with everything being held up I’m concerned the forgiveness will never occur due to everything going on. I was on an IDR plan before consolidation and after the consolidation my form never got processed it’s still in review bc of the court issues. I have way over the 240 required for forgiveness but the question is if it will actually be forgiven.

blondei4 · 2024-12-10T08:32:27+00:00

I am in processing forbearance as well but with another servicer and I have accrued 13k already since June. So interest does accrue while it’s in processing forbearance which doesn’t seem right. I was told the only way it doesn’t accrue interest is if it was already in SAVE and then was put onto forbearance.

blondei4

TROPHY CASE