I was on IBR (graduated from grad school in 2010) and I have gotten two documents this week from MOHELA saying my loans are coming off forbearance within 45 days, but my payments start in July of 2027. I just want my stupid interest rate deduction back because I'm paying almost an extra 1% due to the nonsense "administrative forbearance" and they can't even send documents with correct dates? Also my payment amount is based on my previous balance instead of a 10 year payment plan.

    I almost have it all paid off (unexpected inheritance; I didn't suddenly become a millionaire and pay off six figures through "grit") and at every turn they're just throwing another stupid wrench in the gears.

    What the heck is MOHELA doing?
    byu/Suspicious-Treat-364 inStudentLoans



    Posted by Suspicious-Treat-364

    1 Comment

    1. fure_elise on

      Following your post because Mohela also just sent me some crazy letters with conflicting amounts and dates and I’d really like to know what is a typo and what isn’t but I don’t have time to sit on hold for 4 hours.

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