the podcast on
Inland Revenue says attitudes are shifting among student loan holders living overseas.
More than $200 million has been collected from overseas borrowers since July last year – a big annual increase.
More than 24,000 people are thought to be overseas, collectively owing $1.3 billion on loans going back more than 15 years.
IRD's Jane Elley told Kerre Woodham since they received additional funding they’ve been able to ramp up their workforce, enabling them to be a lot more targeted when chasing debt.
Her advice to anyone struggling with their loan is to get in contact with the IRD – ignoring the problem only makes it bigger.
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