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Baronash
Feb 29, 2012

So what do you want to be called?
Has anyone had success with the double consolidation strategy that seems to exist for Parent Plus loans? Apparently by consolidating parent plus loans, and then doing it again into a single loan at a new servicer, you (or I guess your parents) gain access to all of the IDR plans rather than just ICR.

The information looks pretty consistent across seemingly-legit sources, and people elsewhere on the internet have reported success, but I'm wondering if anyone here has tried it and if there are any pitfalls to be aware of? My partner and I are taking over payments on our parent plus loans once the pause ends, and I'm trying to understand our options.

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