>If I would have consolidated before the 9/29 I probably would >have been good but they previously said to chill so I'm chill. > > >It would be really nice to get some help with them but if not >it is what it is.
When the forgiveness was first announced, they gave the option to consolidate to Direct Loans for FFELP holders, but rescinded that a few days before the beta application went up. They're working on a way to forgive currently excluded loans like FFELP, so they say. Not sure if some of the lawsuits are about this issue.
12. "Yeah that's why I applied" In response to Reply # 11
I do wish I would have jumped on consolidation when they first announced this. From what I understand as long as you applied before 9/29 the expectation is you will get forgiveness. If you didn't apply they are going to try.
I wouldn't be surprised if we don't get an update on that though and they just hope people forget about it. I don't know what options they have to still do it and avoid the lawsuits.
Makes me wish that when they stopped doing FFEL they also converted existing ones into federally held ones automatically. Missed out on no payments during the pandemic and now probably missing out on forgiveness.