technology

the few places they have any fucking control left

I read an article yesterday in the NYT about people with student debt simply fleeing to a foreign country to start their life over there and giving the middle finger to the debt collectors. Of course the NYT had to include some law brain saying it was a bad idea and suggesting instead a legal workaround for them to make before they left. But people just want to be free.

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Ninja edit

Student Debt Burdened Them, So They Moved Abroad and Stopped Paying

Less than a year after graduating, Ms. Tully made a drastic decision: She moved to Prague, where she had completed an internship, and defaulted on her loans. She hasn’t made a payment in over seven years. More than 40 million borrowers are saddled with federal student debt, and a record number — 7.7 million — have defaulted on their loans, according to recently released data from the Education Department.

For some borrowers, moving abroad and out of reach of debt collectors can be tempting. In interviews, people who made this decision cited relieving the psychological burden of student debt as a motivator, as well as having a higher quality of life, even on a lower salary, outside the United States. Many who fled abroad, including Ms. Tully, said they had no plans of ever returning.