I’m enrolled in the SAVE Plan through Aidvantage and have completed 245 of the 300 payments required for forgiveness. When I called Aidvantage last Friday, they told me that unless I enroll in a new repayment plan by October 31, 2025, my loan will automatically revert to the Standard Repayment Plan and payments will resume. I’d assumed payments would remain paused until the government finalized a restart date for SAVE, so I’m now unsure whether I should switch to an alternative plan—even if it means a higher monthly bill—or if there’s another option I’ve overlooked. Any guidance would be greatly appreciated.
Posted by hypernova-gal
7 Comments
If you are actually on SAVE then the rep was mistaken. If you only applied for SAVE but never had your application processed, then the application has now been rejected and the rep was correct that you won’t be able to enter SAVE. What plan does your account say you’re in?
Sounds like you got someone that doesn’t know what they’re talking about. They probably looked at the account and saw the placeholder date for the end of the forbearance and cited that information back to you like an AI bot. You’d think working for the servicer these people would know what they are talking about, but apparently that’s too much to ask.
If you’re in the SAVE forbearance, that is ongoing and will likely be extended because the lawsuit has not been settled.
They’re wrong. Customer service reps are often under-trained and ill-informed. There’s no set end date for the forbearance yet and we also don’t yet know what next steps will be for borrowers once the court battles are resolved.
My loans are through them as well. Have you received any official information about the SAVE forbearance ending?
The October date is a placeholder. Your loans don’t automatically revert to anything on the date, and that date is likely to be extended.
It’s important to note that the save forbearance does accumulate months for long term loan forgiveness. So you may want to change to an active plan anyway, income allowing. You basically know what’s going go to happen: IBR now and in the future, RAP next year. You’re going to need one of them to start getting payment counts again.
I appreciate the great feedback, I was a bit confused after speaking to the rep.
ou definitely don’t want to just let it revert to Standard, that could mess up your forgiveness timeline. I’d switch to another income driven plan ASAP so your payments stay manageable and still count toward forgiveness