Hi all. I was on REPAYE and got moved to SAVE. Like many people, I did not trust that the current administration would figure out what to do with SAVE appropriately, so I've ridden it out. I've also encountered insane interest issues (adding on interest when in the 0% int forbearance phase) and did not want to switch to IBR/IDR.

    I've been under employed since October, when I lost my full time job. Since then, I've been receiving unemployment insurance from the state and just barely squeaking by. That said, I have a new job! And it'll start in mid April.

    I have no money to pay down any loans right now; I had to dip into my banked HYSA payments to tackle more immediate debt I had taken on while out of work. Do I certify my income right now, while I'm unemployed, to try and switch over to IDR/RAP? Or do I wait until MOHELA contacts me?

    For additional context, I'm aiming for PSLF; in the time I was in forbearance, I was actually working for a for-profit company, so I'm not aiming for buyback there, but I have a couple years of qualifying payments. The org I'm working for moving forward is a nonprofit company!

    I've been following everything as closely as I can, but it's unclear to me how income recert plays a role in the SAVE switch, and if it would even benefit me to do recertification now.

    certify now, while still unemployed for two more weeks?
    byu/Ornery_Ad2924 inStudentLoans



    Posted by Ornery_Ad2924

    2 Comments

    1. > Do I certify my income right now

      Probably, you can recert on alternative documentation like your unemployment paystub.

      This is within the rules as I read them but I doubt it is how things were intended considering you have a job lined up now, just an fyi

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