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EightFlyingCars
Jun 30, 2008


apologies if this has been talked about before, but it's a pretty simple question:

not all of my student loans are eligible for coverage under the new SAVE plan (mostly FFEL loans), but mashing them all together under direct loan consolidation does put everything under the newer, cheaper umbrella. it'll put me at $0 per month. but before i pull the trigger on this, are there any other gotchas that i have to worry about? the higher overall interest rate kinda sucks.

i've struggled to get work, so i haven't had to pay too much over the years, but tightening finances and the increasing costs of basically everything are going to require me to get something. once i'm no longer an unemployed bum and i'm actually earning income, how much will that higher interest rate gently caress me? what else do i have to worry about?

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EightFlyingCars
Jun 30, 2008


sent off that SAVE paperwork today, if it goes through i might have all of my student loans forgiven. we'll see! time to hurry up and wait

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