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Showing posts with label Student loan debt. Show all posts
Showing posts with label Student loan debt. Show all posts

Thursday, May 15, 2025

Kerre Woodham: Chasing overseas student loan debt is long overdue


In this spirit of taking the good news where we find it, I was absolutely delighted to see the results of Inland Revenue going after student loan defaulters. At the end of April, there were 113,733 people with student loans believed to be based overseas. If you're based overseas, you don't get the student loan automatically taken out of your pay packet. Overseas, it's up to you to make repayments, and more than 70% of those are in default on their loans – so it’s up to them to make the repayments.