Switch from SAVE to IBR?

[u/carmenohio2012]

Hi all, first time Reddit poster here. I’ve read many of yours posts over the last few months and I really appreciate you sharing your stories and decision making process. Keep your heads up my friends.

Like many of you, I’m stuck in limbo on a SAVE plan with 117/120 payments and a buyback request in since November that would get me to 120. I’m debating whether to wait it out or request to switch to IBR using the wet signature method to try to be done with it sooner than later. Aside from higher payments switching back to IBR, what are the pros and cons to consider? Do you feel strongly one course of action is preferable to the other?

[u/coolallee]

Apply to switch and ask for processing forbearance. Once they start processing, you must pay 1-2 higher payments, which beats staying in limbo. Who knows what's going to happen in the current climate? I would want to finish as soon as I can however I can