The Genocide thread

I don't think he can spin pol pot positively but with victor you never know

ofc I dont support Pol Pot. the USA on the other hand....

https://en.wikipedia.org/wiki/Allegation...

why live in the US if you hate it so much?

I dunno does it annoy you? think Ill stay then.

That's where the money is.

Genocide vic stays because he doesn’t actually believe what he spews.

you sound depressed. there are medications you might consider.

he does like to spew that as long as he never pays anything for doing that.

most people who agree with him are like him which is why it would be very easy to fix the problem.

just criminalize their behavior and after a couple of them get long jail sentences for helping enemies of the country, the rest changes hobby

How rich do you think one must be to leave the US?

you can leave with a negative net worth, and leave your student debt with taxpayers (democrats would be particularly happy with that)

Your name is so appropriate.

Every response is just absurdly off topic.

How? How can one do this?

It's definitely possible. You just get on a plane and go but I think you're going to struggle

find a country that will accept you (give you a work visa and the like) and just go there

Last I checked, you need to move at least $350k in assets to a country to become a resident. This wouldn't clear your US debt. If you fled to a country with no extradition, then tried to declare asylum, you still would have debt, and probably more problems.

uh? some countries give you investor visa with various asset sizes depending on the country but you can certainly move even without assets to many places, just working there.

It woulnd't clear your US debt but they won't collect it either.

Extradiction and asylum have nothing to do with debt.

If it was possible to run up debt, then leave the US and have no problems, people would do it all the time, and corporations would profit from it too. You could convert your debt to cash and be rich AF. Why stop at leaving the US? Get a million or 2 from every country and go infinite.

https://www.studentloanplanner.com/flee-...

You don't have to flee the country or escape to get away from student loans. Some student loan borrowers use forbearance for years until loan servicers start getting creative with collection methods. Others send random statements from international employers showing paystubs. The shrewdest hire a CPA to file their U.S. taxes showing Adjusted Gross Income (AGI) of $0.

Having an AGI of $0 and having your federal loans on an income-driven repayment plan (IDR) like Pay As You Earn (PAYE) can effectively mean paying nothing on your student loans.

On various Reddit channels and Facebook groups, you can find people talking about this little-known hack. Read on to learn why moving overseas to avoid student loans can be beneficial.

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Example

The biggest hack you probably don’t know about your student loans is something called the Foreign Earned Income Tax Exclusion. You can exclude over $100,000 of income earned abroad from your tax return as a U.S. citizen.

For 2023, you can exclude up to $120,000. This amount is adjusted annually for inflation.

If you’re worried about your student debt to the point where you want to flee to a new country, there’s a good chance you’d make less than this amount. If you made more than the exemption, you could exclude that hundred grand from whatever you make.

Let’s look at the case of an American-born veterinarian who is on the hook for $250,000 of student debt. She meets an Australian and they go live in Melbourne, Australia. She decides to stay there and work as a vet in Australia, making about $70,000 USD.

Those earnings would be exempt from U.S. taxation. She would have an AGI of $0. Under IDR, that $0 income would equate to $0 payments. This allows her to pay nothing while staying in good standing with her loans.

You don't have to opt for deferment, tank your credit score, or fall into default.

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Not sure why you think corporations would profit from it

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Not sure why you think you can easily get millions in unsecured loans either lol

There was some study that generally white and Asian males are the only group that actually pays their loans. Most other people generally just kick the can down the road indefinitely until they are forgiven.

I have been paying mine dutifully for 20 years (including the pandemic where I just kept paying when I could have deferred) with another ~10 to go. So basically a home loan. I am actually at the point where each payment is almost completely principle after going years where it was almost all interest.

As of yet dont qualify for any of the forgiveness plans that have been enacted or proposed.

My wife froze her loans for 3 years because of the pandemic and then had them all forgiven. Much bigger number than my loans. Not complaining.

If student loans don't matter, they're very easy to get. You could take out $50k twice for your first 2 semesters, unenroll both times, keep cash, leave the US with $100k free after 6 months. If you really DGAF, I'm sure you can find a way to get a million or 2 if you put your mind to it pretty easy under the disregard consequences plan.

You can’t take out $50k a semester in student loans. Sorry

Of course you can. I think it's a bad idea, but know many people who have. If you know many graduate or doctoral students you've probably encountered people who take more than $50k. In state tuition with room and board for undergrads is $20-40k easy.

No you don’t. You cannot take out federal student loans for $50k a semester. There are loan limits of like $10k a semester or $20k a year.

It’s easy to look up.

Subsidized and unsubsidized student loans have limits, then private student loans do not.