Part 7/11:
Given the chaos, many borrowers wonder whether they should continue making payments if they are in the paused or in-between statuses. Kantrowitz advises caution: if you make payments now, they will not count towards loan forgiveness. Instead, he recommends saving that money for when the system is clearer and the loan forgiveness programs are fully operational again.
Once relief resumes, borrowers can then potentially use that accumulated savings to make a lump sum payment—covering the missed amounts and qualifying for the 120 payments needed for forgiveness under PSLF programs.