4 Ways to Have Your <br />Student Debt Wiped Out .<br />1. Income-Driven <br />Repayment Plans.<br />Four federal income-driven <br />repayment programs — ICR, IBR, <br />PAYE and REPAYE — offer student <br />loan cancellations after 20 to 25 years.<br />2. Career-Based <br />Student Loan Forgiveness.<br />Military, educators, lawyers and healthcare <br />professionals who work in low-income areas <br />can often wipe out most — if not all — of their <br />debt through both state and federal programs.<br />3. Bankruptcy.<br />In extreme cases in which <br />a borrower can prove <br />"undue hardship," student debt could <br />possibly be erased in bankruptcy court.<br />4. Borrower Defense to Repayment.<br />A borrower who can prove that <br />their for-profit university broke <br />state laws can have their student <br />debt wiped out under this program
