Some Good News Today Regarding My Old Student Loans

[valleyrogue]

Last edited Sat Mar 7, 2026, 02:16 PM - Edit history (1)

I received this notice from Aidvantage this morning. This hasn't yet shown up on the Studentaid.gov site.

Congratulations! The U.S. Department of Education has forgiven your federal student loan(s) listed below with Aidvantage in full. This forgiveness is effective as of 12/31/25.

Loan Program Disbursement Date Original Principal Balance
DLSUBCONS 04/25/24 $ 7,382.19
DLUSUBCONS 04/25/24 $ 4,750.77

Log in to your account for details at Aidvantage.studentaid.gov.

WHAT YOU NEED TO KNOW Here are some important points on this IDR forgiveness: ·

Due to the American Rescue Plan Act of 2021 the balance of your loans that were forgiven is not considered taxable income for federal income tax purposes. Since state and local tax implications will vary, we recommend you contact a tax advisor for more information. · Not all your federal student loans may be represented in the table above as you may have begun repaying each loan on a different date. If you have federal student loans that are not included in the table, please continue to make payments on them. You can find your personal loan details through your account on our website and your StudentAid.gov account. To find options to help with repayment, visit StudentAid.gov. ·

We have notified, or will notify, all national credit bureaus of your student loan forgiveness. ·

If applicable, we’ll process a refund for any payments made towards the loans listed above after the effective date of this forgiveness.

NOTICE: This letter is NOT an attempt to collect a debt or a demand for any payment.

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I needed that bit of good news.

Here is something I saw on Forbes regarding the latest legal wrangling over student loan debt forgiveness:

https://www.forbes.com/sites/adamminsky/2026/03/03/student-loan-forgiveness-may-be-about-to-either-stall-out-or-accelerate/

Snip

The Education Department is currently in the process of implementing a surge in student loan forgiveness approvals. This is good news for borrowers, many of whom have been waiting months for a formal determination that they qualify for a discharge. According to recent court filings by the department, student loan forgiveness approvals may have been about to peter out, however, at least temporarily. But a brand new legal development within the last week could actually lead to the opposite outcome – an acceleration in discharges for federal student loans.

The rollercoaster is due to a complex set of legal factors related to the current state of income-driven repayment (or IDR) plans. IDR, which is an umbrella term that refers to multiple separate plans, allow borrowers to make payments on their federal student loans based on a formula applied to their income and family size, with any remaining balance eligible for forgiveness after a fixed repayment term (historically, 20 or 25 years).

The department had halted student loan forgiveness for multiple IDR plans last year, but recently started resuming processing, leading to thousands of approvals. Due to legal issues impacting IDR plans, and in particular the SAVE plan, it’s not entirely clear where discharge processing for federal student loans is currently heading. But it could either slow down significantly, or dramatically expand. Here’s what’s going on, and what borrowers who are waiting for their student loans to be forgiven need to know.

[leftstreet]

1. Congrats!

[valleyrogue]

2. It's a long, long time in coming.

Those debts are very old, going back to 1998-1999, when I needed to borrow money for living expenses when I was student teaching. I had ups and downs financially since that time, but I never went into default, fortunately.

I was on IBR for at least a decade..

[SheltieLover]

3. Congrats!

[catrose]

4. So happy for you!