NY Times - 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... said they had no plans of ever returning.
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