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Facing Default, Some Student Loan Borrowers Flee Abroad

Adults in the U.S. collectively owe over $1.3 trillion in student loan debt. Some are attempting to leave their debt behind by going abroad, and never coming back.
Adults in the U.S. collectively owe over $1.3 trillion in student loan debt. Some are attempting to leave their debt behind by going abroad, and never coming back.

Millions of Americans owe a collective $1.3 trillion in student loan debt, and roughly a quarter of them are behind in their payments. As they struggle to stay afloat, some have even sought refuge abroad, where it’s possible to escape student loan collectors – but only for those who plan never to return to the United States.

Here & Now‘s Meghna Chakrabarti discusses the phenomenon of student loan debt dodging with Joshua Cohen, an attorney who focuses on student financial aid.

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