My advice to you is probably not what you want to hear. It's based on the following assumptions:
- You're still in school (according to the question), so you haven't had a lot of time to reach "maximum earning potential"
- Student loans are VERY hard to get discharged in bankruptcy
- You can work, just perhaps not in the field that you're studying (yet)
I would stop making the hole any deeper. If you can get a job that will let you pay for school with cash (meaning not borrowing any more), that would be my first choice. That may mean switching to a school that you can afford and/or working in a field other then what you're studying for, but that's not a luxury you can afford right now.
If you can't afford to pay for school, my next choice would be to take a year or two off to pay down the debt and save up for school later. You don't mention whether this "financial hardship" was a one-time thing or ongoing, so it's not clear whether this is feasible or not.
The bottom line is, you have to deal in the reality of your situation. There are many ways to get college assistance that don't require debt, and most states have very affordable colleges for in-state residents as well as need-based scholarships that might be more suitable to your financial situation.