#StudentLoans

4th year medical student graduating in a couple days, will be starting Residency on July 1st. Currently have 300k in Loans. Am lost with navigating what to do.…

Really good article on the updated changes and how to pick one of the two new repayment plans: https://www.msn.com/en-us/money/careersandeducation/student-loan-borrowers-will-have-two-new-repayment-options-come-july-1-here-s-how-to-pick-one/ar-AA24mjyQ?oci…

Please, please-when you go through the loan simulation-Video record the process and what it shows as your payment. Changing payment amounts after going through the simulator has happened to me multiple times and is clearly happening to others.…

Hi guys! What does an interest rate of 5.50 - 6.53% mean for federal student loans ? (Sorry if it's a stupid question) Thanks! submitted by /u/hanson-anims [link] [comments]

I am newly married and will be starting my loan repayment very soon. For next tax year I plan on being on RAP. I live in California for context.…

Called EdFinancial with my spouse yesterday because my new payment didn’t seem quite right after recertification. After the call (which was unhelpful and seemed to contain misinformation), my spouse was 100% sure we were actually talking to an AI agent…

I just recertified under the new plan and it says it takes 30 to 45 days to process. I am just trying to plan my finances down to a T so I am wondering how soon payments are coming due for anyone doing recertification?…

Is it normal for my payment to be this high? I used the loan simulator and it had said payments would be around ~$500 which was doable for my budget. Now that it is actually processed EdFinancial is setting my payments at $1,571 a month.…

I'm sorry if this is student loans 101 but I feel like the MOHELA website isn't very user friendly and we all know how long the wait time is to call them. I'm currently on the PAYE plan, and had set a reminder at the end of May to resubmit my income.…

I submitted an application for the PAYE plan and it was denied. MOHELA’s reasoning was that it was one of the following: “you requested your federal student loans to be placed in the IDR plan that would bill you the lowest possible payment amount, you…

Woke up this morning and made the final payment on my remaining student loans. It’s officially over 11 years in the making. To say it’s been an ordeal is an understatement.…

Hello All, my apologies if this becomes a long post. I’m quite honestly terrified and I don’t know what to do. Any constructive advice would be appreciated.…

So in 2023 I finished grad school and immediately signed up for SAVE. Since my income was close to nothing for years I qualified for 0 dollar monthly payments and was told I needed to recertify November of this year before all this bullshiiiit happened.…

I was recently approved for a private graduate loan through Citizen's Bank. I filled out all the proper forms except the Private Education Loan Applicant Self-Certification form.…

Hi all! I don’t fully trust my math skills, and was wondering if someone could check if I’m calculating my payoff date correctly. Direct - Unsubsidized: $17,510 (6.8% interest) Direct Grad PLUS: $20,055 (7.8% interest) Payment: $600/week toward Grad PLUS,…

I received an email from Aidvantage saying I need to recertify my IDR plan or my payment will increase from $140.79 to $377.38. I’ve been on IDR since 2013 and, like many, I haven’t had to recertify income in years because of the pandemic/payment pause…

Looking for advice on whether I may qualify for Borrower Defense. I’m enrolled in a Master’s Nurse Practitioner program and have completed 27 credits. I was only four clinical semesters away from graduation when the program lost accreditation.…

I have TEACH grants that got converted to loans. I fulfilled my service obligation however the paperwork was mysteriously never received. I called in September 2025 to ask for the case to be reopened and converted back to grants.…

So with over 90 months left primarily due to Missouri (THWT)... My Friend would either have a 0 Bill Now or a 10/Mo Bill, But Nothing on Sl.Gov site about Rap Yet, and Nothing whether those payments on RAP would count for IBR Forgiveness even in 360…

As the title says: wondering when I might actually get communication from my service to start the 90 day countdown to pick a new plan. Servicers are Aidvantage for myself and NelNet for my spouse.…