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<p>Michigan-based Spring Arbor University has seen enrollments increase since it started offering a loan repayment program, one of a small but growing group of colleges guaranteeing students they will help them pay their student loan bills until they secure a well-paying job. Photo courtesy of Spring Arbor University.<br /></p>

Michigan-based Spring Arbor University has seen enrollments increase since it started offering a loan repayment program, one of a small but growing group of colleges guaranteeing students they will help them pay their student loan bills until they secure a well-paying job. Photo courtesy of Spring Arbor University.

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These colleges will pay your student loan bills

Known as a loan repayment assistance program, the colleges offer to pay undergraduate student's loan bills until they earn enough to afford the payments themselves.