6 Ways to Get Out of Student Loan Debt

You wouldn’t be the first one to wonder if there’s a way to get out of paying your student loans legally.

Ways to Get Out of Repaying Student Loans Legally

These programs could help you get out of paying a portion of student loan debt as they forgive your loan balance after a certain number of years.

Loan Forgiveness Programs

Depending on the specific income-driven repayment plan you select, they may cap your monthly payments between 10% to 20% of your income, depending on eligibility.

Income-Driven Repayment Plans

You need to fill out forms and show the Department of Education that you are not able to earn an income now or in the future because of your disability.

Disability Discharge

Applying for one of these options can help borrowers avoid missed payments and potentially defaulting on their student loans.

Deferment or Forbearance

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