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Student Loan Debt Issues with debt arising from student loans and education expenses.

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Old 09-24-2009, 11:15 AM
jillsparrow jillsparrow is offline
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Default Student Loan
It was taken out in NY. I have been paying off my loan on an income sensitive plan and I just realized they are increasing my loan amount from 25, 000, to $30,000. Are they allowed to increase the amount of my loan. I dont know what to do.
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Old 09-24-2009, 01:09 PM
Antigone Antigone is offline
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Default Re: Student Loan
Quoting jillsparrow
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It was taken out in NY. I have been paying off my loan on an income sensitive plan and I just realized they are increasing my loan amount from 25, 000, to $30,000. Are they allowed to increase the amount of my loan. I dont know what to do.
What did they tell you when you called them and asked them about the increase. What caused the increase...could it be interest accruing???
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