Why did my SAVE payment jump from $0 to $400?

Student Loans
21

I’m with Aidadvantage, and I’m on the SAVE plan. I’m accruing interest every day, though. The rep didn’t have an answer for me months ago. I’ve been aggressively paying down my loans, but I’m holding off on making any more payments until we know what the new administration is going to do.

22

@Morgan
Same here, I don’t know why, but under Nelnet, interest is still accumulating on my loans even though it says I’m in forbearance and owe $0.

23

I’m unemployed. How do I stop the payment?

24

Indigo said:
I’m unemployed. How do I stop the payment?

You should contact your loan provider to discuss your options.

25

Onyx said:

Indigo said:
I’m unemployed. How do I stop the payment?

You should contact your loan provider to discuss your options.

I was on hold for over half an hour, so I gave up.

26

@Indigo
If you don’t want to stay on hold, you could email them or send a letter. But keep in mind that it could take a while for them to respond.

27

Onyx said:
@Indigo
If you don’t want to stay on hold, you could email them or send a letter. But keep in mind that it could take a while for them to respond.

I’ll do that. Thanks!

28

How much do you make per year?