<p>i have put in paperwork to have my student loans (direct loans) discharged due to my disability which is total and permanent. i would like to know what happens after the 3 year monitoring period. i have read about what happens during this period but i don't know about what happens afterward...</p>
<p>would i be eligible for more loans after 3 years from the date of application has passed or no?? i am planning to complete my bachelors degree during this time and am considering grad school as we speak.</p>
<p>of course i definitely am not planing to apply for more loans while completing my 4 year degree....grad school is another matter of course.... but that may have to wait during the 3 year monitoring period....</p>
<p>i know that i have asked a similar question in 2012 but i did not get to apply until now (my doctor back then was a idiot, so i switched doctors)</p>
<p>If you’re unable to pay back your undergrad loans due to your permanent disability, how would you pay back your grad school loans?</p>
<p>It seems to me that you’re essentially going to ask to borrow money for grad school, and then once complete, again say that you’re disabled and can’t pay. </p>
<p>i was planning to go back to school with whatever grants they could give me and then think about what my next move would be…it would be nice to have a bachelor’s degree, but, then again, it would be even nicer to get a master’s as well…</p>
<p>anyway my question is what happens post-monitoring period??? the stuff i have read was not clear…
i plan not to take out more loans!!</p>
<p>i suppose i should think about this when i come to that educational fork in the road</p>
<p>I don’t know about disability for loan purposes…but I do know about it for receipt of disability benefits. For disability benefits, your disability needs to be verified for continuation of benefits.</p>
<p>I would imagine the same would be true for loans. Your disability would need to be re-verified for continued benefits.</p>
<p>When you took out the loans, you had the disability, so I don’t understand how they could be discharged-because that would make it seem like you never intended to pay them back.
I also don’t understand how your disability does not keep you from attending college but it does keep you from working.
But that’s just me, perhaps you are waiting for an inheritance that will let you play catch up with your bills.
But that may be years don’t you think?</p>
<p>The net-net is that you have defaulted on your loans by not paying them, you got them discharged due to permanent disability. While federal loans are pretty much guaranteed for undergrads, they are not guaranteed for graduate students. You will need credit approval for grad plus loans. If your credit report shows that your loans were discharged (again, you took this measure after failure to repay your debt), it will be hard for you to get gradplus loans.</p>
<p>I have no idea what the rules are for any of these things, and for your circumstances. When you find out, do share them with the board.</p>
<p>As crazy as it might sound, it the law allows a person to discharge school loans due to disability and then allows further loans to be taken, then certainly any such person should take advantage of the provision. In some cases it would make sense. You train to be a Physical therapist, and a disability precludes you from pursuing your profession, but you can be an accountant, medical billing processor, computer scientist, technical writer. </p>
<p>But I absolutely do not know how the law works in these situation, and you may have to work your way up the loan forgiveness hierarchy to find out what your rights and privileges are.</p>
<p>What happens if you get a doctors statement saying that you are able to engage in substantial gainful activity, how will you support yourself? My guess would be because now your doctor attest that you are able to work that you would no longer be eligible for SSD/SSI (I think you are placing yourself in a catch 22 situation)</p>
<p>So, if someone enters college, knowing that they’re fully disabled and can never work, they can borrow the full amount of loans with the full knowledge that once they graduate they’re going to get the debts discharged?</p>
<p>Shouldn’t there be a question about being “able to work” at the time each loan is applied for?</p>
<p>What SHOULD BE, and what is, are two different things. And opinions galore about them. Look on some of the disability blogs and forums, and it’s all about getting whatever one is eligible to get. Ultimately, the hope is that it will lead to some independence and prospects for someone who has a disability that can preclude that. So every and any body, should seek ANY thing out there to help get to some goal. Some of the programs may make no financial sense to tax payers as a whole, but grabe the bennies that you can while they are there. It is legal and legitmate. </p>
<p>The fact of the matter, is that “never work” is a final statement that is hardly ever 100%. Unlikely, yes, but who is to gauge what the future is to hold. I know some severely disabled folks who no one would have expected could hold paying jobs, and today they are. Every penny put into education and opportunities are worth it. So who is to say these things as a decree?</p>
<p>Honestly I wish I could find it…but there was a case in the not so distant past where someone was collecting disability AND held a very high paying job. I believe this ended up in the court system, and the “disabled” person was deemed not permanently disabled…and also had to pay back some of the payments received. The doctor certifying the permanent disability also got fined.</p>
<p>The thing is, if the borrower believes that he’s “permanently disabled and can’t work,” then he’s not going to be seeking a job, so to give loans in that situation when the person fully intends to get them discharged due to disability is just unethical. </p>
<p>I can understand that some disabled folks could justifiably not work, but they do work, so it would make sense to have let them borrow. They didn’t intend to just get the money and then apply for a discharge.</p>
<p>“As crazy as it might sound, it the law allows a person to discharge school loans due to disability and then allows further loans to be taken, then certainly any such person should take advantage of the provision. In some cases it would make sense. You train to be a Physical therapist, and a disability precludes you from pursuing your profession, but you can be an accountant, medical billing processor, computer scientist, technical writer.”</p>
<p>I don’t see how someone can go to school but not work as a computer programmer. I can see how one can have a disability that prevents many types of jobs. But I don’t see how you can simultaneously go to college, but could never do bookkeeping. Those require all of the same physical actions. The only people who could never work in medical billing, couldn’t get out of the house long enough to go to school.</p>
<p>Getting your education debt written off is for someone who went to school while capable of doing some type of work and were then injured in a way that prevents them from doing any type of work. Those people would similarly be unable to attend school at all.</p>
<p>In 2008 Congress passed a law requiring five years of full & complete disability before student loans can be discharged.
The dept of Education also must evaluate disability on their own and not use the determinations of the SSA.
It appears to be very difficult to have loans discharged.
[Can’t</a> Work? Too Bad. Pay Up Anyway. - Students - The Chronicle of Higher Education](<a href=“Can’t Work? Too Bad. Pay Up Anyway.”>Can’t Work? Too Bad. Pay Up Anyway.)
If I was OP, I would be too concerned about my current amount of debt to have time to worry about getting another loan for grad school.</p>
<p>i think that i will wait out the 3 year monitoring period and then decide what to do next. i have plenty of time, of course…no need to rush right away…</p>