How to Get Parent PLUS Loan Forgiveness After Double Consolidation Ends

Until July 2025, Parent PLUS borrowers can obtain the best income-driven repayment (IDR) plans out there, including the Saving on a Valuable Education (SAVE) plan, if they consolidate their loans twice. This is called the double consolidation loophole.

But once that loophole closes, far fewer borrowers with Parent PLUS loans will be able to get forgiveness.

Who among Parent PLUS borrowers should pursue forgiveness after this loophole closes in 2025? We’ll show you how to navigate your post-double-consolidation options. Read more: https://www.studentloanplanner.com/pa...

00:00 Introduction
00:32 What is double consolidation?
00:52 What is Income Contingent Repayment plan?
1:23 Low income to get Parent PLUS forgiveness
2:22 Defer payments as long as you can
3:00 Parent PLUS six figure debt are easiest to get forgiven

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