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Home / Lifestyle / Healthy Finance / Can You Move Abroad To Escape Student Loan Debt?

Can You Move Abroad To Escape Student Loan Debt?

traceable for debt collectors to find you.

What Are The Other Benefits?

Cheaper living, a clean slate, and a chance to see the world. The American dollar goes a long way in other countries. The more remote you are, the cheaper you will find land, housing, and food. By ditching what we consider “The American Dream” you will find that you can make ends meet with a fraction of what spend in the U.S.

By eliminating extra “things” you think you need such as Starbucks and entertainment subscriptions, you can not only save money, but put a dent in your debt if you choose, all while exploring the world.

What Are The Risks?

There are many. Leaving your debt back in the States may sound appealing, but it’s not that simple. Often, when applying for a visa in another country, your debt will be examined. If it appears that you’re trying to avoid paying off debt, your application will likely be denied.

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