Parent Plus Loans

Parent Plus Double Consolidation

If you have been told Parent Plus loans are ineligible for income-based payment plans, no worries… I am an expert in reclassifying them into direct loans, enabling you to qualify for the new SAVE Federal Government reduced repayment and forgiveness program.

How? Via a legitimate existing, proven, loophole that will soon be blocked. Without doing such, your options are “next to none”.

THIS PROCESS WILL NO LONGER BE ACCESSIBLE AS OF 6/30/25.

What if I only have one Parent PLUS Loan (and no other federal loans)?

In this scenario, by consolidating your Parent PLUS Loan, you will get access to the Income-Contingent Repayment (ICR) plan.

ICR is one of the more expensive Income-Driven Repayment plans but can significantly lower payments for borrowers with low incomes and/or small loan balances.
ICR payments will qualify toward Income-Driven Repayment forgiveness and Public Service Loan Forgiveness.

What if I have at least one Parent PLUS Loan and at least one other federal loan?

If you have at least one Parent PLUS Loan and at least one other federal loan (of any type, including another Parent PLUS loan), you can use a double consolidation loophole to get access to the new more affordable SAVE plan.

While the double consolidation process is time consuming, it’s often worth it, as SAVE payments are typically much lower than ICR payments.
You must complete all the necessary consolidations by July 1, 2025 to access SAVE.
SAVE payments will qualify toward Income-Driven Repayment forgiveness and Public Service Loan Forgiveness.

Our sole purpose is to assist you with qualifying for Federal Student Loan repayment forgiveness opportunities.