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  • August 19, 2017, 11:32:40 AM

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I can't advise you about what will happen with those two years. Most likely nothing will happen. You could also consider speaking to a student loan debt lawyer as well. Here is something you can read:
Yes, I understand IBR... but I'm also in public service loan forgiveness which first requires you to be on an IBR or PAE plan and then if you make 120 qualifying payments, you're eligible for forgiveness if you work in a public service job. (10 year forgiveness and I'm going into year 3...) so if those two years are wiped --that this company submitted false information on me for... I don't know what will happen.

I also understand filing separately instead of jointly, which unfortunately is another whole story with our tax guy... :-/

I'm just extremely worried...

First off, even though your payment has risen dramatically, you're still under IBR - which would have taken 20-25 years to see any potential forgiveness anyway if you had a loan balance remaining.

Second, you can get your payment lowered potentially, if you want to consider filing your taxes married filing separately. It could raise your tax bill, but it could significantly lower your loan payments, which might make it worth it. Read this article:

You might also find this article helpful if you're considering paying a third party company for help:
As a teacher, I needed to get my masters. As an artist, I'd always dreamed of getting my MFA (masters in fine art). I decided (with the support of my husband -after I was told I'd likely never conceive a child), to take on my dream and go to New York and get my MFA in documentary film (you know, to change the world by making films on world hunger). I attended Hofstra University, took out loans to the tune of 120k and finished my MFA in 3 years full time. I worked hard, maintained a 4.0 GPA and got competitive grants to travel to Africa to make a films about charity work and wildlife conservation efforts.

Once I was done, I came back, I chose to return to public school teaching (my certification is in art), thinking I'd keep teaching until my two films could be completed and I could get some local adjunct college teaching under my belt. And then... by some miracle I got pregnant. Ecstatic, as I never expected my family to grow, I now had a child to provide for with the need for stability and student loan debt. I am still teaching and we have a small house we bought that needs work, nothing frivolous, but just enough, and one child, as I had to have immediate- life saving surgery after having her.

When I finished my degree, I found out I was pregnant all about the same time and was under stress. I was contacted shortly after by a company called the Student Loan Project who promised to get me into a loan forgiveness program and consolidate my loans and lower my payments (from $834 a month) for a fee of $550 up front and a monthly $49 fee there after.
Pregnant and emotional I figured it was worth it (not thinking much about it. I signed up. They did consolidate my loans, submitted paperwork on my behalf and I did get a letter stating my new payments were $0 a month (from FedLoan). I was happy as could be, and didn't think again about it with a new baby, recovering from major surgery, buying a house and trying to keep my full time job.

The following year, I had to re-certify my info (resubmit my IBR paperwork, taxes etc.) so the company called for my updated tax info etc. I supplied it and let them do the work, not thinking much about it. In about November (several months after re-certification) I decided I didn't want to continue to pay the $49/month for paperwork I could probably figure out myself every year if I did my own research so I called to cancel my "subscription." Everything was fine. Fast forward to now... I re-certified and resubmitted my forms for IBR to get my adjusted loan payments, expecting things to not drastically change since nothing has really changed, and instead got the shock of my life when I got my adjusted payment notice. For the last two years, I got my notice of $0 qualifying payment, and this year I got my adjusted $815 / month payment on IBR. This is probably accurate since on paper, my husband makes good money working for GE, however he has to live in another state since GE re-located, and we have to work in two states because I'm not certified as a teacher in Massachusetts and he hasn't been able to find a job here in CT. So currently we have to pay for two places to live. They don't take any of that into consideration, daycare costs, or much else. We are already living paycheck to paycheck because of our job situation which is not a choice at this point.

When I got my updated annual adjusted payment, I almost threw up. I immediately logged in and pulled the forms that this old student loan project had submitted and realized the company who submitted my paperwork for the last two years lied on my forms -stating I had 4 dependents, my name was my nick name (jackie), my wrong email address and my taxes were filed separately instead of jointly. I cant believe I've let this happen. As soon as I realized my payment was so high, I called and just asked why it was changed, and they said it was because I no longer had a family of 6 and my income was not longer so small... I don't even know what is going to happen, but I'm really sick to my stomach. I don't know if I'll be pulled from the loan forgiveness program, if my last two years will qualify anymore, if my years of service will count, if anything will even be resolved or if I'll be penalized for the thing that isn't my fault in reality even though it is for trusting this scam company to help. I feel like my degree was never worth this. I'm worried I'll be homeless and I've done the worst thing I could have done for my family.

I don't know if I should get a lawyer, what type of lawyer I need to get, who I need to talk to, if nothing will even be affected if I just make my payments, or what will happen. I'm just so lost...
Ask a Question / Re: Question about
« Last post by TheCollegeInvestor on August 16, 2017, 09:03:46 PM »
First off, the process for getting your loans discharged because of fraud at the school is called Borrower Defense To Repayment. You can learn more about the process here:

Second, everything with your Federal loans (including Borrower Defense To Repayment), can be done for free, by you. You can learn more at

If you want to pay a third-party company to help you, you can. Read this article first and understand what you're actually paying for, and red flags to look out for:
Ask a Question / Question about
« Last post by mavis_d6 on August 16, 2017, 06:18:09 PM »
I have a lot of loans from Argosy University and recently saw this article:

Of course this got my hopes up and my parents sent me a link to I got on the phone with a goodbyeloans loan counselor and after she processed my loan information and asked me 15 questions about my experience at Argosy, she said I was qualified for a "discharge" program for my student loans. This program, I was told, involved being set up with a caseworker. However, it requires over 900 dollars to process my loans.

Now, I have not committed to anything with this company since they asked for the money up front (red flag). Of course I have a long list of questions I will be asking them this Friday. However, I am wondering if there is anyone else on this forum that has had experience with

Also, are there legit, reputable and alternative (and preferably non-profit) companies that can help me pursue a possible forgiveness/discharge from my Argosy Loans? I have had better experience with non-profit loan companies and would rather deal with them over for-profit ones.

Thank you if you can provide me advice/input.
First off, read this and understand the process for borrower defense to repayment:

Second, before paying any third-party company, read this and look for red flags:
Student Loan Scams / Re: Academic Aid Center - Legit?
« Last post by TheCollegeInvestor on August 15, 2017, 10:29:22 AM »
There is a process called Borrower Defense To Repayment which could potentially get your loans discharged in cases of fraud. While there might be lawsuits, unless you're suing them, that's separate from anything else.

Read this and understand the process:
I've been contacted by Academic Aid Center because they said there are lawsuits against for profit colleges like University of Phoenix. I was ripped off by UofP and have $18,000 in student loans with no degree because UofP kicked me out of classes for failing a test due to their faulty software. Since i was ripped off and do have debt, they say they can gey my loans dismissed through the lawsuit. Anyone have experience with this situation? I Hope I didn't get scammed. I'm a single Mom of a disabled child living paycheck to paycheck,  I can't afford to be scammed. Academic Aid Center is charging me $899. Any info On this? I still have time to back out, just signed today.
Student Loan Scams / Re: Academic Aid Center - Legit?
« Last post by kietzkittiez6 on August 14, 2017, 11:13:19 AM »
I just signed up with Academic Aid Center because They said there are lawsuits against University of Phoenix. I have student debt from them. They say they can get my loans dismissed because UofP was fraudulent. I HOPE I'm not being scammed. I have heard of the lawsuits though. Anyone else have experience with this situation?
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