IndexEnroll in an Income-Driven Repayment PlanGoal for Public Service Loan ForgivenessApply for Disability LeaveConsider Loan Repayment Assistance Programs (LRAPs) )Ask Your EmployerServing Your CountryDeclaring BankruptcyConclusionDebt repayment can cause serious financial and mental problems for many. On average, 40 million applicants have a loan in the United States, of which 5.6 million carry a loan burden of $50,000 or more. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Best of all, student loans have a separate category and terms of their own to help during the repayment phase. With a few loans, you simply have to make regular monthly payments and pay them off while, with student loans, you may qualify for federal programs that help you get rid of the loans. If you want to know how to avoid student loans, besides paying them normally, here are some detailed best ways to eliminate student loans both legally and quickly. Enroll in an Income-Driven Repayment Plan Federal student loans are lent to students by the government with an interest rate and repayment term to help them manage educational expenses. After graduation, the repayment period begins after a certain grace period offered to settle into a job. While students who earn a lower income and cannot afford to repay the monthly balance can apply for Income-Based Repayment-IDR. Under this plan, students are allowed the lowest payments to make, which is 10% of the total monthly income earned. The payments you make will gradually increase as you earn a higher income. By paying regularly until the repayment period expires, the loan balance will be forgiven. Usually, the repayment period under this plan is around 20-25 years. Additionally, the fewer payments you make, the more you will pay in interest and not on the loan. The plan could also prove negative if you do not submit the income certification every year to recertify your financial situation. Other repayment plans you may want to consider include Pay As You Earn (REPAYE), Pay As You Earn (PAYE), Income-Based Repayment (IBR), and Income-Contingent Repayment (ICR). Target Public Service Loan Forgiveness With a loan on Currently, if you are between the ages of 20 and 25 you are overdue to consider Public Service Loan Forgiveness. Under this program, students who are committed to working in the public sector, government organizations or non-profit organizations such as doctors, nurses, teachers or armies are eligible for this program. Initially, you make regular payments and continue your employment for a predefined period of 10 years. If you cannot afford to make the payments, you may also consider consolidating your loans and get lower monthly payments to be made with an extended period such as 20-25 years, after serving for a certain period, you qualify for loan forgiveness loan where your entire loan balance is forgiven and you will not be taxed on the forgiven amount. Apply for Disability Discharge In some cases, unfortunately, if you become disabled and cannot support yourself to pay your loans, considering total and permanent disability discharge is the best option. Under this all loans do not fall under the requirements and also you are required to!