Currently residing in Massachusetts. Borrowed from a Vermont College.

Hello everyone!

I have a private Vermont PLUS Loan and a Stafford Loan. I am currently in a very difficult financial situation (like most College graduates, sadly) and am working with my lender to pay as much as I can. I'm on a reduced payment plan for both loans but am not in default.

I owe more than $50,000 and am thinking of leaving the United States and move to Germany without notifying my lender. My questions is this: what can the US do once I'm in a foreign country? Can they sell my loan to a third party in Germany and have Germany try to collect the loan? I read that if I 'keep a low profile' for 7 years, they cannot collect my debt. Is that the case with student loans? What if I denounce my US citizenship (I have dual citizenship)?

Any information will be greatly appreciated regarding US citizens living abroad (fugitives if you like) and not re-paying their debt.

Thank you!