Student Loan Debt, New Zealand
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$1 billion in student loan defaults

29/9/2016

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Student loan defaults have hit a record of $1 billion.

​Because the IRD receives a massive $22.20 back, for each $1 it invests in chasing the debts, there is little chance that they will back off or that fairer resolution options will be made available. This means that if you have issues you need to deal with them now. 
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