The situation was almost the same in the Classical world. The only difference being the debt relationship was personal and not institutional.
You can do whatever you want while you pay back loans today as long as you keep your contact information current. Just try and move without informing your lenders. That can be treated as a default. And if you can do whatever you want while maintaining a suitable income to make these sort of loan repayments, your experience is an outlier for all but a very small portion of Americans.
You can do whatever you want while you pay back loans today as long as you keep your contact information current. Just try and move without informing your lenders. That can be treated as a default. And if you can do whatever you want while maintaining a suitable income to make these sort of loan repayments, your experience is an outlier for all but a very small portion of Americans.