Student loan truth: Several people this year have advised us that, after paying what they believed to be the final student loan debt balance, the IRD has come back and said there is more to pay. The cases we have seen have involved an extra $10,000-$30,000. Before paying what you believe to be the final balance of your debt always check this with the IRD and get it in writing. Even if the IRD adds an amount to your debt, your negotiating power is much greater before you pay than after.