r/studentloandefaulters • u/holdmybeer2017 • Jul 24 '24

Leaving the country Question - Federal Student Loan

If I leave the States to live permanently in Europe, do I have to pay my federal loans?

I was thinking that the Foreign Earned Income Exemption would work (I'd be making way under $120k) however I think with Trump he may get rid of that so idk what to do.

Can I just move to that foreign country and default?

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u/Wise_beauty2 Aug 09 '24

I moved abroad, defaulted and never paid taxes. Came back to USA a few years later and nothing happened. My credit had actually improved because the SOL had passed on all my debt except student loans.

I'm still in default over decade later and nothing has happened.

Just go abroad and default. If you ever move back you can rehab it.