Switching from graduated payment to ICR payment requires consolidation?
Hello, I have a parent plus loan and I was participating in PSFL but did not realize that as of last summer my payments were not counting because I was on a graduated payment plan.
Based on the advice of the good folks on this sub, I start an application to switch to an income contingency repayment plan. However, I see that the process seems to require me to consolidate the two remaining loans that I have.
Each of the two loans has the same eligible payments and the same qualifying payments so I think I can go ahead and consolidate? Can someone confirm if this is a good idea? If not, Is there a way I can get on an ICR without consolidating when I went through the steps? It didn’t seem like I had that option.
Posted Dec 29, 2025, 7:53 PM UTC
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