As the U.S. Department of Education will resume collecting on defaulted student loans, borrowers may face wage garnishment and see credit scores decline.
I have student loans and here’s whats happening to me. My loans are in forbearance. I applied to the SAVE plan but because Republicans hate everyone it was challenged and my loans set to forbearance. No interest is accruing and no payments due. My servicer sent me a letter stating that I have until June 2026 to change my plan but it should be in forbearance until then. SHOULD BE…
Until next year I’m just paying it down when I can. Put up $2k last month. Still owe $68k. Gonna aggressively pay it off.
I have student loans and here’s whats happening to me. My loans are in forbearance. I applied to the SAVE plan but because Republicans hate everyone it was challenged and my loans set to forbearance. No interest is accruing and no payments due. My servicer sent me a letter stating that I have until June 2026 to change my plan but it should be in forbearance until then. SHOULD BE…
Until next year I’m just paying it down when I can. Put up $2k last month. Still owe $68k. Gonna aggressively pay it off.