• Welcome to The Student Loan Debt Forum | The College Investor. Please login or sign up.
 

Show posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - gradensmom

1
Thank you for your advice; however, I may need to take out loans for my son. The second article says, "there is a potential workaround that will allow some borrowers to convert their Parent PLUS Loan into a Federal Direct Consolidation Loan. This simple change will allow borrowers to qualify for income-contingent repayment (ICR), and also for Public Service Loan Forgiveness (PSLF)." Your advice was to avoid consolidating my loans with the ones I take out for my son. Can you tell me what potential problems may exist?
2
Hello. I'm a high school teacher who will finish her Master's this fall semester at which time I'll need to start repaying my 25,000 in Grad PLUS Direct loans. Meanwhile, my son will be entering college next fall, and I'm considering taking Parent PLUS loans to help him through college.

If I start making ICR payments on my loans, can I add my Parent PLUS loans to my balance in an effort to receive forgiveness after 10 years because I work in public service? How would this work if it is possible?