All Bets are OFF for ALL of the IDR Plans...

Jan 8, 2025
​Everyone:

• Please donate $10 to fund this group for the next year.  This is critical for us. 
• Retweet this, this, and this. We're pushing Elon Musk today.
• See last night's Livestream.

Recent guidance from the Department of Education proves what we've been warning people about for years:  NONE of the Income Driven Repayment Plans are at all trustworthy at this point. 
They finally acknowledged that the SAVE Plan lawsuit encompasses not just the SAVE Plan, but ALL of the Income Driven Repayment Plans created by the Department of Education. So this is the Income Contingent Repayment, Pay As You Earn, Revised PAYE, and of course the SAVE Plan.  The "feature" of loan cancellation is "enjoined", meaning PROHIBITED, pending the outcome of the lawsuit. For the Income Based Repayment plan (IBR), The Department will certainly disqualify the vast majority of people trying for it out of the program. 
So no matter which repayment plan you're in, you can forget about getting your loans cancelled for the foreseeable future. 
We tried to warn people.  
I hope that you will finally now see the real battle that we're in, and that getting the leverage of bankruptcy rights returned to the loans is the ONLY thing worth fighting for.  This is our mission for this year, and we ABSOLUTELY NEED YOU HELPING.  FOR REAL.
Sincerely,
Alan