Would you believe that someone faked their own death to try and escape their student loan debt? With the current student loan crisis, it doesn’t seem like such a farfetched idea. Many borrowers have no idea how to even approach repayment perhaps the wildest approach has been by Elizabeth Greenwood.
Source: PIX 11
Would you believe that someone faked their own death to try and escape their student loan debt? With the current student loan crisis, it doesn’t seem like such a farfetched idea. Many borrowers have no idea how to even approach repayment perhaps the wildest approach has been by Elizabeth Greenwood. Where she didn’t approach repayment at all, she tried to subvert having to pay those loans by faking her own death.
Greenwood held over $100,000 in student loan debt. One night she was with a friend discussing over dinner how to deal with her loan situation. Greenwood’s original plan was to run to a country with a nice beach and no extradition policy, her friend offhandedly suggested, or you can fake your own death. That night she put the plan into action and hit the internet to actually fake her own death.
Except for Elizabeth Greenwood she directed the flippant proposal and turn it into profit. The project took over a year. Greenwood even went through the process one would go through to take the scheme seriously. “It became very clear to me that I had stumbled into a bizarre underworld made up of people with forbidden knowledge and those seeking it,” she told the New York Post. “And while my intention to fake my death might not have been as earnest … I had definitely become a seeker as well.” She even went to the Philippines and obtained a fake death certificate on the black market.
Greenwood explained all of her exploits in her book entitled, Playing Dead: A Journey Through the World of Death Fraud. Since Greenwood didn’t go through the attempt to clear her student loan debt by falsifying documents and filing her own death certificate she still has all her debt. She even told PIX 11 in a television interview that due to interest, she might even have more debt now than when she started down this dark path.
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