What if my is a used car?

The one time I my life I did not procrastinate back in 2001 just before rates started to dive . I am stuck with 7% on $150,000 and compounding . Owe more than I took out . Life and health intervened after going back to school later in life so that’s how I wound up inI this mess . I wish they would just lower that interest rate to give me and likely others too a fighting chance . Not asking for a write off of the loans just to lower that rate that I called them for years begging them to lower it . Why not have one rate for direct loans for all student loans is beyond me . Some people are at 2 or 3 % and others 6-8%. I’ll be dead before these are ever paid off. The interest is astronomical

We live in Tennessee. Would you be able to represent out of state?

President Barack Obama was the one who said all young Americans have a right to go to College and the government will provide and guarantee this money for each student. I am old and had gone to collage but did not finish, I worked until the age of 72. When I was young not all students that had gone to collage finished for one reason or another. I also believe not all people have the ability and aptitude for a 4 year degree. I also think that many men would be better off learning a trade and if you are skilled and willing to stay the course and also willing to learn work hard learn your trade the pay can be very good. I blame President Barack Obama for trapping America's youth with these staggering bills because with the government guaranteeing this money the collages increased the coast for collage substantially and I believe these students did not really understand what they were getting into.

I have 3 Parent plus loans. What is the process for 3? So glad to watch your helpful video. Thank you!

how can I complete this process with my pp loans if I already consolidated? I just saw this video after consolidating! Please help!

I have submitted paper applications to 2 different servers. I have heard from 1 and nothing from the other. Has Nelnet stopped doing loans consolidations?

Can you help me understand why Aidvantage will not release my consolidated loans to MOHELA as I requested for my final consolidation in the loophole process? they are keeping the loans, and will not acknowledge the SAVE request from early June. I was very clear that I wanted my service or to be MOHELA for the final consolidation. Aidvantage also kept my loans in the previous step when I chose Edfinancial as my servicer. Any idea why this is happening and why they do not honor my request for processor?

Wonder how much this will change (if at all) in view of the SAVE plan now being on the chopping block.

Could a Trump administration change the clasification of the consolidated parent plus loans to not be eligible for SAVE after they were admiited to that program?

Question, we have one parent plus loan for our son and our son has 2 direct loans. Would I submit one direct consolidation form for the parent plus loan and another one for the 2 direct loans then combine the 3 together so our son can get the save program? Can we consolidate since the parent plus loan is in our name and the direct loans are in his name. Thank you.

Bumping my question up because I've been searching for an answer to this for over a year with little reassurances. Do any of you have any reliable info on this? See @schmactor below. Basically I'm worried I made a mistake by consolidating my graduate loans which I had already put 20 years of payments towards hoping for a 25 year forgiveness. Please read my other post. And thank you again so much for all the information you've shared so far.

Hi there, I need guidance before i attempt to consolidate. I am not sure if this is my best option. What is your fee to help me determine my best options?

Heard that their may be something else announced in October, that is of course if the current occupant of the White House is still there.

This would only work if you didn't consolidate your loan post buyback period

I had trouble with your online contact form. Wondering what your consultation fee is?

Great video Christie, I’m glad you explained what to do, I’m in PSLF currently with 91 credits in the SAVE Plan. I’m waiting for the IDR waiver adjustment & if I reach 120 with that adjustment from what I’m hearing from your video I would need to change from Save to another Income Driven plan in order to apply for my loan forgiveness. So I appreciate this video, thank you 😄

But if the Supreme Court reject's, wouldn't that mean the WHOLE save plan is gone? Even the provisions (such as the already 5% payments) already approved? I think Missouri is going for abolishing the whole SAVE PLAN becasue it harms MOHELA and their payments. Or is the lawsuite just for the forgiveness protion of the plan? Can you explain?

Thank you so much for these clear and concise videos! Can you explain what it means that the forgiveness aspect of SAVE is being debated? Does this mean the 20 or 25 year path to forgiveness which has been a huge part of IBR plans for decades is in danger? I consolidated my graduate loans after 20 years of payments because I was told it was the only way to be eligible for the recalculation of qualified payment months that has been promised for almost 2 years now. Am I in danger of losing those 20 years towards my forgiveness?

I am very frustrated with the process advantage which is my service, sir since I consolidate my loans for defense will not send over my brow, defense discharge paperwork as I was granted 100% discharge they will not send it to debt resolution management to release the money that I paid on my loans, even though I’m a part of the suite versus Cardona lawsuit and have 100% discharge do you have any thought of what I could do to receive my money they’re saying they don’t owe any refund

What is double consolidation

Hello I have federal student loans. I have not been able to work consistently and in any significant manner for variety of reasons for five years . I also have credit card debt I use in order to survive I'm technically homeless Can I file bankruptcy what are the chances of discharge. I've never been able to pay on these loans. Some are from 2004

These videos are helpful!

I'd like to comment as a constitutional libertarian who is also a consumer protectionist. I think regulation is needed against bigger parties that may file into a qualified party rule under things like a contract of adhesion, like employers and Banks. The student loans still qualifies for this. While I am not sure actually discharging debts is constitutional, things like all aspects of the SAVE plan actually are. I'm so glad for your work, and others, to defend this because at is root, if we shouldn't have been providing these loans we shouldn't require them to be paid back.

Don't listen to this lady, get out of debt if you can.

I have 3 PPL for one child which are now coming up for repayment. I am not sure how that will work. I consolidate 2 with one servicer . Then consolidate that one with the 1 other one? Will that still qualify for SAVE?

I got the recent TPD discharge from Biden (3year review ssa) . NOW I am getting a review and they likely are trying to cut me off. It is likely many other people are getting review notices now. I felt this would happen because it seemed like a political ploy. . I been on ssdi for a few years. I have a severe condition wherein i can barely stand, sit or walk, have extreme pain , desite opioid prescription, and other symptoms ( extreme fatigue, headaches, sleep issues...) that impact my ability to work a full time job. Some mornings i don't have energy to t even get out of bed. My pt job raised daily pay and i wish i could work everyday but my body and mind cant do it. I wouldnt be able to survive without ssdi, as i will be homeless unable to pay for housing and my medical expenses because i cant work enough. This is causing me sooo much stress which impacts my condition as well.

File a separate tax return? Do you mean if you’ve been filing jointly you can file single?

Will my application for SAVE be reviewed if postmarked on or before July 1st?

Unfortunately my final consolidation with Mohela is still pending this week. Does this mean I will not be able to apply for the SAVE program when these are finalized with Mohela?

Are u sure this is accurate - a number of other lawyers have agreed that only the early specific SAVE forgiveness (low original borrowing amounts) and the 5% calculation drop are actually being challenged - not the other regulations. Can u explain why you think all the July 1 regulations will be affected? It is difficult to find those specific scenarios in the rulings.

So they’re just going to force people to default basically. You’ll never be able to pay your loans off at this rate and if you can’t get lower payments then you’ll just end up defaulting. I guess they’d rather have no money than some money. 😒😤

Get off you tube

Leave my taxes alone and pay for your own school loans. I paid off mine and my son paid off his. You can too you lazy mooches!

Its crazy that this is even being discussed. They should pay back the loans just like everyone else has had to do

Students pay your own 💩 loans

Help! I divided my PLUS loans held by Nelnet and sent two paper apps to Edfinancial and one to Aidvantage. Aidvantage processed one sent to them. Then Aidvantage processed the other two sent to Edfinancial, but kept those two instead of sending to Edfinancial, so I now have two separate loans with Aidvantage. Can I still combine these two loans for the double consolidation loophole in six months?

I recently submitted the initial paper Consolidation applications with Aidvantage and Mohela. Was this a bad idea? The loans were initially with Aidvantage as Direct Parent Plus Loans.

We currently have (1) Direct Consolidated Loan (formally several Parent Plus loans, so it still has the Parent PLUS tag), and (1) Undergraduate Direct Loan Unsubsidized. Can I just consolidate those two together? Or do I first need to consolidate the Undergraduate Direct Loan and then double-consolidate that with the Consolidated Parent Plus loan?

Hi just wanted to no l have been paying my parents plus loan for over two years. I ask for student forgiveness due to working with the VA hospital as a RN. I am in the driven income plan. I sign all papers and after they said l qualified l had to call multiple times they told me l didn't qualify because the a can't give them mi información to prove l work 19years. What can l do since l am 71 years old. Us one of my son's when into the military for six years and he had to pay 20 thousands dollars which Sally Mae refused to deduct they told him that he took this loan o. His own which l had to take the loan under parents plus loan.He was I under age. It started with Sally Mae then to great lakes and now to Nelnet. Please see if you can help me with this problem 😊

Christie, I'm new & late to this Direct Parent Plus three consolidation process. Is it now too late to start & complete this two paper application & one online application consolidation process before the current deadline for non-ICR repayment? I have multiple loans for my son that go into repayment starting this month of June 2024..

I’ve been waiting for a response for the federal government for over two years! I’ve written them twice and they just respond that they’ll get to it when they get to it.

I want to give my degree back. I want a refund. Every penny.

Will the laws change if Trump gets elected?

I split my PLUS loans to consolidate, sending two to Edfinancial and one to Aidvantage by certified mail. Aidvantage consolidated one correctly, then 5 weeks later I received notice from Aidfinancial they are consolidating the other two sent to Edfinancial. My account cannot be found with Edfinancial. Why do they determine where my loans are going without my consent? How can I consolidate the three loans now with MOHELA? Help!

The time came to fill out my request to be put on the SAVE program. I did it on-line and was denied. I called and I wasn't persuasive enough. I filled out and application and mailed it and at the same time I faxed a letter citing the July 2025 ruling passed by Dept of Ed. I received an acceptance letter into the SAVE program but the following day a received a denial letter. I then looked at the dates and it turns out the acceptance letter came after my denial. Not sure what convinced them my fax or the manual application? Regardless I'm so happy and much relieved. so I go onto their website to open an account but they are asking to consent the PATRIOT act. That gives them free access to just about anything: they can spy on its citizens, tap your phone, they can freeze your account, and if they feel you have made a derogatory comment, they can label you as a domestic terrorist like those parents protesting against school curriculum. The patriot act was designed safeguard US citizens from foreign harm. I have no problem making payments, but wondering how to avoid consenting the the Pat. act.?

Great question..I have the same question!

Hi- I had consolidated a parent loan with one of my student loan long time ago, so are you saying i can consolidate again with anothe one of my loans and it should be done by paper? you are in Fl do you work with ppl in NY ?

After my final consolidation I applied for SAVE on Mohela’s website. I was denied. I called and I wasn’t persuasive and was denied. I mailed an application for the SAVE and at the same time I faxed a letter citing July 2025 ruling. I received a letter accepting into SAVE but the next day I received a denial letter. Then I checked the dates. The latest is the acceptance into program. I then I went to MOhela website to sign up for an account but stopped short because I had to agree to the Patriot Act, which gives the permission to spy on its citizens, freeze checking accounts, label you unfavorably because you made a derogatory comment or a parent protesting a certain curriculum at school board meeting. I’m happy to make my monthly pymts but I don’t want to give the govt free access to everything. I’m wondering if there’s away around this?

Do you know if the double consolidated loans would qualify for SAVE at 5% discretionary income after July? Thanks