If you're looking for a new, out of the box kind of way to attack your student loan debt, I've got it for you! Several communities across the country suffering from brain drain want to pay your educational bills in exchange for you being a homesteader.

At least 50 counties in Kansas qualify as what are called Rural Opportunity Zones. In return for living in these communities, they'll absorb up to $15,000 of your student loan debt and exempt you from state income tax for five years. You don't have to be a resident of the state to qualify for this program; about 75% of applicants have so far made the cut.

A similar program recently launched in Niagara Falls, NY, has been getting a lot of media attention. Niagara Falls is offering up to $3,500 a year in loan forgiveness if you'll either rent and live there full time or buy a home in the community that you occupy as a full-time resident.

In addition, I believe there's also a similar longstanding program in Detroit.

Let me just say this: I've been to Niagara Falls and they're definitely having a difficult time. They would really benefit from the kind of rejuvenation that happens when you have a highly educated populace.

I expect that you'll see more efforts like these popping up around the country as more and more emphasis is put on our nation's collective $1 trillion student loan debt!

These can be some amazing opportunities for those who are overwhelmed with student loan debt. If you can pick up and move when you're still footloose and fancy free, you might be in luck.