Hi!
I have a huge problem!  I have a total monthly payment of $659 in student loans (killing me!) Through three separate loan servicers, Wells Fargo, Navient and Great Lakes. ALL OF MY LOANS ARE IN GOOD STANDING, I have not missed a payment.

Wells Fargo:
2 private loans (couldn’t consolidate because of poor credit)
monthly payment = $215

Navient:
Consolidated federal loans
monthly payment = $223

Great Lakes:
Consolidated parent plus loans under fathers name
monthly payment = $220

Grand Total of Loans = $88,263

I also tried to apply for income based repayment, which I make “too much” money for.

WHAT DO I DO?!
I can’t afford this high of a payment anymore, as I understand, I can’t combine these loans through one servicer, since one is private, one is federal and one is parent plus (in my dads name)

There may be other repayment plans, like a 20 year or 30 year plan. For IBR, were you denied based on your income alone, or do you have a spouse whose income was also considered? If the later is true, you could try to file married but separate, so that only your income is the determining factor. However, if I’m correct, IBR would only qualify for your navient loan, because I do not think private and parent plus loans qualify for it, so your income is only compared against the balance for your federal loans, which is why you were deemed to make too much money. Refinancing might be an option for the private loans…and maybe the parent plus loan. I’d avoid refinancing the federal loans, as you’ll lose a lot of the federal protections for these loans (grace periods, interest reductions, etc).

Thanks for the response! I was denied both with or without my husband. My ultimate goal is to consolidate them all into one loan (in my name) that I can make one small payment on.