I heard that student debt get's wiped if you work in a different country for x years

Who would want to return to the UK after living in NY or any other country/city anyway?

Who would want to return to the UK after living in NY or any other country/city anyway?

It used to be 5 years. However, it no longer applies, it's now just a myth

In the UK its just a myth, abroad you can get it statute barred meaning the SLC cannot chase you down for the loan if you stay in that country. Go back to the UK and all the trouble starts.

Your debt is not wiped off though. It's still there, you're just hiding from it.

lol just pay the money you owe, your life will be so much better as a result!

If you return to the UK then you are doomed.

So those considering moving abroad to avoid loans should bear in mind that they won't be able to come back - if they do they will face all sorts of legal issues from fines to being charged with fraud.

Exactly.

However increasingly there are movements to chase people abroad with debts, especially as bank institutions become more and more global.

I have friends in NZ who have been chased for student loans when they moved there from australia.
(despite the SLC not seemingly having tracked them down to Oz)

How?

When you can move abroad and get all my wages or stay here and give up 9% of them?

Plus its easy to hide for years on end, look how well Bin Laden has done it and they are using everything possible to track his ass down.

I doubt the SLC will go to those lengths to get you. They'd more than likely wait to see if you ever returned to the UK.

Just remember to pack your AK47 and brush up on your Call Of Duty Skills.

I think Quady pretty much answered that.

He's right. People who avoid loans usually only have their own selfish interests at heart.

I bet you're the sort of person who looks for tax loopholes as well, complains about having to pay tax at all, but loves to complain about how sh*t the NHS/schools/roads/everything else is.

1. I never said I'm going to avoid my loans. Don't make accusations.
2. I can understand why some do try to avoid them.

You've borrowed the money, and spent it, most likely on booze - you should pay it back. People who run off to another country to avoid paying back their loan are stealing from everyone who remains here.

"How?

When you can move abroad and get all my wages or stay here and give up 9% of them?"

That implies you have at least thought about it. Plus you have made numerous posts going through all the loopholes of how to do it without ever saying what a selfish idea it is. Sorry for jumping to the conclusion that you had considered it or thought it a good idea.

How?

When you can move abroad and get all my wages or stay here and give up 9% of them?

Plus its easy to hide for years on end, look how well Bin Laden has done it and they are using everything possible to track his ass down.

I doubt the SLC will go to those lengths to get you. They'd more than likely wait to see if you ever returned to the UK.

lol at your scheme...
wait until you step into the real world youngster.

1. I never implied I was going to do it so learn to read.

2. I know 2 people who have successfully done it, one being my auntie.

3. The real world? I have worked for the last 4 years and have paid tens of thousands of pounds in tax - I'm planning on going to university in 2011. I find it funny that you tell me to get into the real world when you probably haven't even got into it yourself.

4. Another point, at my scheme? are you a dunce? Its a scheme thousands do every single year - its usually done by EU students to avoid the loans. If you do not think it happens then you need to get in the real world.