Larry Williams Drive
Perspective with Heather du Plessis-Allan: We need to get serious about ensuring people pay back their student loans
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:02:42
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Why has it taken us so long to get serious about forcing people to pay back their student loans? Last month, IRD had someone arrested at the border. They have now paid back their loan. Isn't that amazing? They had been chased and chased and chased and chased - and you know that they had, because the IRD only arrest you at the border as an absolute last resort, but suddenly they were arrested at the border and despite presumably years of not paying back their loan - they pay it back. Isn't it incredible what a little bit of pressure can do? We've got more on this, by the way. The IRD has got in contact with more than 12,000 people who are living overseas who owe money on their student loans. 960 of them have paid back everything that was overdue, 1300 of them have started repayment plans, and 89 people have been warned they will also be arrested at the border if they don't start paying up. 11 of them, as a result of that warning, have started dealing with their debt - either by paying it back or