Hi Heather,

Two questions.

First, some of my federal loans have been taken over by Sallie Mae as my loan servicer. Does this mean that they do not qualify for IBR? I owe 178,000 total but when I go through the IBR process online, it shows my loan balance as 72,000. I know my Perkins loans don’t qualify, but the rest of my loans are all Stafford unsubsidized/subsidized and a few Direct Plus. So, I’m thinking that the loans taken over by Sallie Mae aren’t being included in that loan balance.. is that right? Otherwise, I have no idea why I’m missing 100,000 from my loan balance through IBR.

Second, I would like to consolidate all of my loans before beginning IBR (and planning on the PSLF). Some of them have various repayment start dates. How will this be effected? Will my loan be due at the earliest repayment date of all the loans?

Thank you so much for your input.

Best,

Kaitlyn

Did you consolidate all of your loans with direct loans?