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For every year you are in the Peace Corps, the government will cancel a certain percentage of your loan debt, and it increases by each year, say 15% the first year, 30% the second. I know there's a cap, maybe at 30%. I guess if you have $30K, having about 10 cut off in 2 years is pretty sweet.
Also, certain military, nursing, or volunteer service can erase some federal loan debt.
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