Instead of paying off your student loans, you can work them off with the government's help.While most people know that the government offers various types of student loans, some may not be aware that Uncle Sam also offers graduates a number of ways to pay back loans. By volunteering, or working in community-service positions, graduates can have their debt paid for, diminished and sometimes eliminated by the government. Volunteering for the Peace Corps, AmeriCorps or the Volunteers in Service to America (VISTA), for instance, can earn graduates money toward their loan repayment. The organization may forgive 15% of a Perkins loan per year for the first two years of service and up to 20% per year for the third and fourth years of service, according to Molly Jennings Levine, a Peace Corps public affairs specialist. This means up to 70% of a Perkins loan can be paid for through service in the Peace Corps.