Larry Williams Drive

Inland Revenue has collected more than $207 million in repayments since July last year from student loan borrowers living overseas in the past 9 months. This is a 43 percent increase on the same period from the previous year. Currently, 71 percent of overseas student loan borrowers are in default - and together, they owe about $2.3 billion in loans, penalties and interest. Deloitte tax partner Robyn Walker explains why the IRD is so invested in getting these repayments back. LISTEN ABOVESee omnystudio.com/listener for privacy information.