I was paying the interest on my loans ≈$200/mo and getting emails saying that the save program was going to end and eventually that my student loans would be moved into another program. I took the bank and switched myself and moved from the safe program to an income based or payment plan thinking that pay with may help to have the student loans forgiven after 10 years through PLSF (I’ve had these loans for 15 years, but this is my first time working for a public entity). They just told me my loans will be $600/mo. I did the math and they will only forgive a few hundred dollars in 10 years. But honestly I don’t know how long I can make $600 payments for nothing. I’m 40 years old now, I have car problems and medical problems and old people problems. I don’t have an extra $600 to pull from no where.

    They scared me off SAVE. Stay strong
    byu/Awkward_Himster inStudentLoans



    Posted by Awkward_Himster

    1 Comment

    1. tanvi_goyar_ on

      That honestly sounds really overwhelming I did be stressed too. These loan changes are confusing and it’s easy to feel stuck after the fact. You made the best call with what you knew. Hoping you find a better option.

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