I just applied for the IBR repayment plan which would make my pmts about $120 per month.  I owe so much on my loans right now due to getting forbearance after forbearance when I first got out of college so there is no way I will ever pay it off.  At this point it is impossible.  So my goal is to avoid default and keep them happy.  The problem is I live paycheck to paycheck and have a lot of bills.  As it is I barely have enough money for gas or food and have to borrow from family members every payday just to get by, but by their standards I do not qualify for any economic hardships.

So my question is, if I give them what I can every month, like say $50 a month can they still default me or will they take whatever I pay and just accept it.

Please help.

If you don’t make the IBR payment I THINK they will change your repayment plan.  Make that IBR payment.  You can make an extra $120 a month by working a few weekend days per month.  After 25 years the remainder of your loan balance will be forgiven, but you need to make the minimum payments