These Americans fled the country to escape their student debt.
The philosophy major concedes that his student loan balance of around $20,000 isn't as large as the burden shouldered by many other borrowers, but he said his difficultly finding a college-level job in the U.S. has made that debt oppressive nonetheless. "If you're not making a living wage," Haag said, "$20,000 in debt is devastating."
He struggled to come up with the $300 a month he owed. The first work he found after he graduated from the University of Northern Colorado in 2011 — when the recession's effects were still palpable — was on-again, off-again hours at a factory, unloading trucks and constructing toy rockets on an assembly line. He then went back to school to pursue a master's degree in comparative literature at the University of Colorado Boulder.
Milestones that seemed like pipe dreams back home, like starting a family, and owning a house, are now on his horizon. This year he married an Indian citizen, a professor at a local college. He now has a five-year spousal visa, and plans to renew it when the time comes.Adjusting to a new country, he admitted, has not been entirely easy.
"Some toilets here are holes in the ground you squat over," Haag said. Recently, he ate spoiled goat meat at a local restaurant and landed in the emergency room. Still, he said, "I have a higher standard of living in a Third World country than I would in America, because of my student loans."Defeated by their student debt, some borrowers are packing their bags and fleeing from the U.S. to other countries, where the cost of living is often lower and debt collectors wield less power over them.
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