Pay As You Earn--Technical Question

[ooo321]

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The second criterion for pay as you earn says "must have received a disbursement of a Direct Loan on or after Oct. 1, 2011."

In order to meet this, can I go enroll in one course and take out a direct loan or is there a clause against this??

Thank you,

I currently have 120K student debt from 2010-2011 (early 2011), so I missed the date by a hair.

 

[chillpillman]

No. I am assuming your loans are already in another payment plan. You cannot switch into PAYE from what I understand.