Student Debt Burdened Them, So They Moved Abroad and Stopped Paying
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Re: Student Debt Burdened Them, So They Moved Abroad and Stopped Paying
#2Who wouldn't want to rack up a bunch of debt and just not pay when the bill came due?
Re: Student Debt Burdened Them, So They Moved Abroad and Stopped Paying
#3Who wouldn't want to rack up a bunch of debt and just not pay when the bill came due?
Companies do this all the time, then declare bankruptcy and move on.
Re: Student Debt Burdened Them, So They Moved Abroad and Stopped Paying
#4I'm Canadian, but I know someone from the US who did this. She's living in Paris, moderately successful in academia and as far as I can tell, completely happy to never return to the US. Her family goes to visit her in Europe once in a while.
Perplexing.
Re: Student Debt Burdened Them, So They Moved Abroad and Stopped Paying
#5She's from Colorado and decided to go to an out of state university (Oregon) and pay full out of state tuition for a degree in "historic preservation"?
Yeah no shit you just signed up for a lifetime of debt.
Reminds me of another story of some lady that got saddled with a couple hundred thousand in debt because she really wanted to go to Duke for a theater management degree. And then fled with her Russian fiance to Moscow so she wouldn't have to pay it.
We all agree that higher education is too expensive in the US. But these are not good examples of that.
Re: Student Debt Burdened Them, So They Moved Abroad and Stopped Paying
#6Who wouldn't want to rack up a bunch of debt and just not pay when the bill came due?
Companies do this all the time, then declare bankruptcy and move on.
That’s intentional to foster the growth of entrepreneurship. It’s the ability to do something without being personally liable. It’s a good thing.
Re: Student Debt Burdened Them, So They Moved Abroad and Stopped Paying
#7Who wouldn't want to rack up a bunch of debt and just not pay when the bill came due?
Many people seem to have been successfully brainwashed into moralizing debt but only for 19 year old serfs who have been lied to about the value of the asset they're taking out debt for. If its a corporation transferring 20 billion of debt into a leveraged buy out so they can shut down the company after squeezing all the assets out of it, that's just doing business.
Re: Student Debt Burdened Them, So They Moved Abroad and Stopped Paying
#8Earlier quoted context omitted.
Companies do this all the time, then declare bankruptcy and move on.
That’s intentional to foster the growth of entrepreneurship. It’s the ability to do something without being personally liable. It’s a good thing.
How does your argument fail to also apply to student loans?
Re: Student Debt Burdened Them, So They Moved Abroad and Stopped Paying
#9She's from Colorado and decided to go to an out of state university (Oregon) and pay full out of state tuition for a degree in "historic preservation"? Yeah no shit you just signed up for a lifetime of debt. Reminds me of another story of some lady that got saddled with a couple hundred thousand in debt because she really wanted to go to Duke for a theater management degree. And then fled with her Russian fiance to M…
Get a tech degree, or be a loser forever!
Re: Student Debt Burdened Them, So They Moved Abroad and Stopped Paying
#10I'm Canadian, but I know someone from the US who did this. She's living in Paris, moderately successful in academia and as far as I can tell, completely happy to never return to the US. Her family goes to visit her in Europe once in a while. Perplexing.
> moderately successful in academia and as far as I can tell
Why not pay your debts then? I totally understand debt forgiveness for extenuating circumstances (and imo, it's a crime that student loan debt can't be forgiven, and the interest rates are often predatory—especially in the case of med school and law school), but this just sounds like stealing with extra steps.