Given all the rumors, concerns, fearmongering etc about what’s about to happen to the DOE (and, by default, to our DOE loans) is there is anything we should proactively do? I just downloaded my debt data from the FSA website so I have evidence of loan info and outstanding principal and the like. Anything else I should do? Just want to be prepared. And by the way - repaying my $240k in loans is sadly not on the table right now. I pay $3k/month and that’s all I can afford.

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You could try refinancing to a private loan provider if you’re really worried

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Additional Posts in Student Loans

SOFI or who else?

Does having student loans impact your ability to get a mortgage?

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Curious to know how much your student loans were when you graduated from your program, how much you’ve paid off so far, and your age. If you have any varying factors too, like kids, income range, etc. Just trying to see if I’m on track or slacking in life. I am 34 yo, i graduated with 95k in student loans, i currently have 85k left and i make 85k in come. I’m also a single mom with two kids. Just praying for 100% student loans forgiveness. Wishful thinking???

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Not mad that student loans being paused means I can use the money for Christmas. Are you still making payments during the pause? Or are you saving the money for something else. My christmas present to myself is a spa day!

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I have a 25K loan from my MBA. I paid off 100k whole, after graduation. 3 years ago, I moved my loan from federal to private ( SOFI) account. I recently lost my job. I have applied for unemployment, as the severance that I received will only cover for 2 months. Together my husband and I used to make less than 250k after tax. Now, with a loss of pay , we are going to make less. Do you think I will be eligible for Loan forgiveness?

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If you could go back in time what would you tell yourself before taking out student loans?

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