Welp, ol' Joe is going to forgive $10K of my student loan, $20K for Pell Grant. I don't know if my Pell Grant qualifies because when I graduated from college, I rolled all three loans into one Federal Family Education Loan Program (FFELP) consolidation loan.

This particular loan is 9% interest, has been for 28 years of its life and it doesn't qualify for the 0% interest deferment as part of the CARES Act. The interest is 4x principle currently.

I applied to have this loan forgiven on July 26, 2022. The Department of Ed said I would hear back in 15 days. It's been 28 days. My hope is they're working on getting it to go away - because there was no immediate "NO!" from them. smile


Contrarian, extraordinaire