You Picked a Plan. Now You're Stuck in the Queue.

The SAVE exit deadline has passed, but for borrowers who applied for RAP or IBR, waiting is now the real challenge. Derek walks through what happens to your loan while your application sits in the queue, why the 60-day processing window matters more than borrowers realize, and when it's time to stop waiting and start escalating.

This episode explains how servicer timelines differ from the federal deadline, what continues to accrue during processing forbearance, and what actually happens if your application isn't resolved within 60 days. Listeners will learn practical steps for tracking their application status and get a clear escalation path if the process stalls.

- Nelnet and MOHELA are working through the IDR backlog on different timelines, and recertification deadlines vary by plan rather than following one fixed date.

- During the up-to-60-day processing forbearance, no payment is due, but interest keeps accruing; PSLF credit continues as long as employment is certified separately.

- On RAP, paying extra automatically advances your due date and forfeits that month's interest waiver and principal match unless you opt out with your servicer.

- If your application isn't resolved after 60 days, you're automatically placed into SAVE forbearance without notice; some borrowers report processing times of up to 25 months.

- Screenshot and date your IDR application status now, count 60 days independently, and escalate to your state ombudsman first, then the federal FSA Ombudsman, if nothing moves.

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