PSLF

[Jalapeñomel]

I’m updating, because DH finally has his payments updated to 122. It’s kind of surreal that he’s done.

[bex1973]

CONGRATS!!!!!

[gretchenindisguise]

Nov 17, 2023 12:18:26 GMT -5 Jalapeñomel said:

I’m updated, because DH finally has his payments updated to 122. It’s kind of surreal that he’s done.

Woohoo!!!!!

I hope actual forgiveness comes swiftly for him. Since he is showing 120+ payments be can call to ask to be placed in forbearance while he waits and never pay a single penny more.

[ellipses84]

Around the deadlines and time I got forgiveness I posted on social media about PSLF but kind of felt like nobody paid attention. Recently I ran into a neighborhood friend I haven’t seen in months and she said Thank You because she saw my post, her DH applied for forgiveness and it was granted! It was forgiven a few months ago but they didn’t receive any notice and only found out when they went to check on the status because payments were resuming.

[Jalapeñomel]

Nov 17, 2023 12:35:34 GMT -5 gretchenindisguise said:

Nov 17, 2023 12:18:26 GMT -5 Jalapeñomel said:

I’m updated, because DH finally has his payments updated to 122. It’s kind of surreal that he’s done.

Woohoo!!!!!

I hope actual forgiveness comes swiftly for him. Since he is showing 120+ payments be can call to ask to be placed in forbearance while he waits and never pay a single penny more.

It’s saying no payment is owed, so we’re going with that. We’ve tried to call 3 times, and haven’t been able to get anyone after 60+ hold times. 🤬

[Jalapeñomel]

Also, I can’t thank you all enough, especially [mention]gretchenindisguise [/mention], for all your help and support. 🧡

[gretchenindisguise]

Nov 17, 2023 20:19:46 GMT -5 Jalapeñomel said:

Nov 17, 2023 12:35:34 GMT -5 gretchenindisguise said:

Woohoo!!!!!

I hope actual forgiveness comes swiftly for him. Since he is showing 120+ payments be can call to ask to be placed in forbearance while he waits and never pay a single penny more.

It’s saying no payment is owed, so we’re going with that. We’ve tried to call 3 times, and haven’t been able to get anyone after 60+ hold times. 🤬

Then you’re golden (lots are in admin forbearance again because Mohela is failing). If it does kick into repayment before you’re forgiven, you can call. Or just know that it will be refunded if you pay it.

[Jalapeñomel]

Some new things coming out about PSLF...stay tuned, because I don't understand a lot of it. LOL



apnews.com/article/student-loan-cancellation-debt-college-forgiveness-c3ec59d4c1d89e77bc1afc6c8ded1615

[wanderingback]

I'm sure it'll be fine, but is anyone else paranoid about this transition to the new platform?
Also, I assume while our loans are in forbearance during this transition those 2 months count towards PSLF?

I just logged in for the first time to the new account and I guess they're still updating counts. But once it's done we'll be able to see how many payments qualify again? 

I think I have all my paperwork somewhere, but I didn't take a screenshot or anything confirming that it said I was on track to be done by 12/2025. 

[hermione]

Jun 23, 2024 9:19:51 GMT -5 wanderingback said:

I'm sure it'll be fine, but is anyone else paranoid about this transition to the new platform?
Also, I assume while our loans are in forbearance during this transition those 2 months count towards PSLF?

I just logged in for the first time to the new account and I guess they're still updating counts. But once it's done we'll be able to see how many payments qualify again? 

I think I have all my paperwork somewhere, but I didn't take a screenshot or anything confirming that it said I was on track to be done by 12/2025. 

I’m nervous. I think I’m done. I have little confidence they will agree when everything comes back up in a couple months.

[wanderingback]

Jun 23, 2024 15:43:25 GMT -5 hermione said:

Jun 23, 2024 9:19:51 GMT -5 wanderingback said:

I'm sure it'll be fine, but is anyone else paranoid about this transition to the new platform?
Also, I assume while our loans are in forbearance during this transition those 2 months count towards PSLF?

I just logged in for the first time to the new account and I guess they're still updating counts. But once it's done we'll be able to see how many payments qualify again? 

I think I have all my paperwork somewhere, but I didn't take a screenshot or anything confirming that it said I was on track to be done by 12/2025. 

I’m nervous. I think I’m done. I have little confidence they will agree when everything comes back up in a couple months.

Ugh I’m sorry. It’d be even worse if I thought I was finished. I really hope they don’t mess this up.

[gretchenindisguise]

Jun 23, 2024 9:19:51 GMT -5 wanderingback said:

I'm sure it'll be fine, but is anyone else paranoid about this transition to the new platform?
Also, I assume while our loans are in forbearance during this transition those 2 months count towards PSLF?

I just logged in for the first time to the new account and I guess they're still updating counts. But once it's done we'll be able to see how many payments qualify again? 

I think I have all my paperwork somewhere, but I didn't take a screenshot or anything confirming that it said I was on track to be done by 12/2025. 

I'm seeing reports that counts for some are up on student aid. I would check to see how close it is to what it should be, but wouldn't panic if it's off a bit depending on how close to current month their data goes.

[hermione]

Jun 30, 2024 16:44:43 GMT -5 gretchenindisguise said:

Jun 23, 2024 9:19:51 GMT -5 wanderingback said:

I'm sure it'll be fine, but is anyone else paranoid about this transition to the new platform?
Also, I assume while our loans are in forbearance during this transition those 2 months count towards PSLF?

I just logged in for the first time to the new account and I guess they're still updating counts. But once it's done we'll be able to see how many payments qualify again? 

I think I have all my paperwork somewhere, but I didn't take a screenshot or anything confirming that it said I was on track to be done by 12/2025. 

I'm seeing reports that counts for some are up on student aid. I would check to see how close it is to what it should be, but wouldn't panic if it's off a bit depending on how close to current month their data goes.

My counts are not up. It’s hard to be patient, lol!

[Jalapeñomel]

Jun 30, 2024 16:44:43 GMT -5 gretchenindisguise said:

Jun 23, 2024 9:19:51 GMT -5 wanderingback said:

I'm sure it'll be fine, but is anyone else paranoid about this transition to the new platform?
Also, I assume while our loans are in forbearance during this transition those 2 months count towards PSLF?

I just logged in for the first time to the new account and I guess they're still updating counts. But once it's done we'll be able to see how many payments qualify again? 

I think I have all my paperwork somewhere, but I didn't take a screenshot or anything confirming that it said I was on track to be done by 12/2025. 

I'm seeing reports that counts for some are up on student aid. I would check to see how close it is to what it should be, but wouldn't panic if it's off a bit depending on how close to current month their data goes.

My counts never left the Student Aid site, they’re just a PITA to find!

[wanderingback]

Is anyone on the SAVE plan and know what’s going on with the lawsuits?? Someone in a physician group I’m in posted about it, I had no clue that this was even a problem and read through this website - studentloansherpa.com/save-lawsuit-status-next-steps-tips/?fbclid=IwZXh0bgNhZW0CMTEAAR1i_OWWkAj4e3mHF7UWZsJARZBibU2R0gFf0704fxYjR0PjLV28YWDnNgI_aem_FphYmdm0l-MhP_-_HAeLcA

I think I just switched to SAVE now after the COVID pause ended so it hasn’t been that long. So am I understanding correctly that in regards to PSLF the worse case scenario is that these few months where they put our loans in forbearance won’t count towards pslf, correct?

And then obviously the other negative is that if SAVE no longer exists I’ll have to pay more monthly for my loans?

This is such a cluster fuck

[Saudade]

wanderingback, it is such a fucking clusterfuck.

I'm on the SAVE plan. Nothing has changed for me yet, thankfully. I'm not anywhere close enough for PSLF.

But yes, as of right now, if the loans go into forbearance those months won't count towards the total for PSLF.

Overall I'm really crossing my fingers tightly they are able to find a way to keep SAVE. I desperately need it. 😭😭😭

[wanderingback]

Saudade ugh so sorry. I’m supposed to qualify Dec 2025. I’m unclear how long this possible forbearance could last? I’m of course very thankful for it but if it doesn’t qualify for PSLF plus if the plan goes away and I have to pay more then it’d make more sense to just pay now. Ugh what a mess.

[Jalapeñomel]

I’ve put my head in the sand about this, because I’m a healthy, functioning adult.

[wanderingback]

Jul 22, 2024 7:11:18 GMT -5 Jalapeñomel said:

I’ve put my head in the sand about this, because I’m a healthy, functioning adult.

are you on a SAVE plan too?

[Jalapeñomel]

Jul 22, 2024 7:49:12 GMT -5 wanderingback said:

Jul 22, 2024 7:11:18 GMT -5 Jalapeñomel said:

I’ve put my head in the sand about this, because I’m a healthy, functioning adult.

are you on a SAVE plan too?

Yep—-they sort of pushed us all into it!

[hermione]

I'm very frustrated that I know I have 120 payments but they still have me at 99.

[lo]

This shit literally makes my head spin! I switched to SAVE plan last year, I think. My counts are correct and i should reach 120 in 11/25.

[wanderingback]

Jul 22, 2024 10:04:27 GMT -5 lo said:

This shit literally makes my head spin! I switched to SAVE plan last year, I think. My counts are correct and i should reach 120 in 11/25.

Are you paying now during the forbearance?

[lo]

Jul 22, 2024 10:56:46 GMT -5 wanderingback said:

Jul 22, 2024 10:04:27 GMT -5 lo said:

This shit literally makes my head spin! I switched to SAVE plan last year, I think. My counts are correct and i should reach 120 in 11/25.

Are you paying now during the forbearance?

Yes I am paying. I paid all through Covid, too. And I could have been refunded for my Covid payments I think? But I missed that memo and it’s too late.

[wanderingback]

Jul 22, 2024 13:50:09 GMT -5 lo said:

Jul 22, 2024 10:56:46 GMT -5 wanderingback said:

Are you paying now during the forbearance?

Yes I am paying. I paid all through Covid, too. And I could have been refunded for my Covid payments I think? But I missed that memo and it’s too late.

Yay that’s great I’m glad you’re close! I’m supposed to be 12/25.

[lo]

Jul 22, 2024 14:24:34 GMT -5 wanderingback said:

Jul 22, 2024 13:50:09 GMT -5 lo said:

Yes I am paying. I paid all through Covid, too. And I could have been refunded for my Covid payments I think? But I missed that memo and it’s too late.

Yay that’s great I’m glad you’re close! I’m supposed to be 12/25.

Thanks, I’m glad you’re so close, too! I love seeing doctors on the PSLF FB group get their loans forgiven because the balances are so high. I get a secondhand rush of happiness for you guys.

[hermione]

I spoke to someone today. I have been instructed to resubmit the Employment Verification that is not showing up. Fingers crossed that in 4 weeks my loans are forgiven.

[bex1973]

Crossing all crossables for you hermione!!

[lo]

Does anyone understand what’s going on with the SAVE program right now? Automatic foreberances? Buybacks? SAVE doesn’t count for PSLF as things stand right now (I think).

[killercupcake]

Jul 29, 2024 16:42:33 GMT -5 lo said:

Does anyone understand what’s going on with the SAVE program right now? Automatic foreberances? Buybacks? SAVE doesn’t count for PSLF as things stand right now (I think).

All of this is my understanding. I’m planning on putting my deferred payments into savings to use for a buyback later. I have a year left but our income went up last year so resubmitting for an IDR will definitely screw me over.