Hi everyone,
I currently have 108k in loans, the biggest chunk is the 75k unsubsidized loan at 6.0 interest rate. Since the end of August, my interest accrues about 15 dollars a day to almost 2.5-3k now.
I make about 90k per year and can save around 2k each month after 401k(almost maxed out this year), maxing HSA + Roth IRA each year. I have a good emergency fund built up for at least 6 months as well. I can probably pay off 25k comfortably but I'm not sure if I should or not.
I don't qualify for PSLF, but I'm not sure if I should wait for RAP or another IDR plan to work towards forgiveness or just try my best to pay off the loan aggressively. I have not made any payments on my loans since SAVE started which I probably should have but the whole process has been confusing since Trump has taken over.
I've researched that its possible for the interest accrued to be wiped if I get forced from SAVE to RAP but I cannot find much information on this to confirm or not. Any guidance or tips on what I should do would be greatly appreciated.
On SAVE but confused about my options.
byu/Cresc3nt inStudentLoans
Posted by Cresc3nt