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flag New Zealand sees a significant surge in overseas student loan repayments, totaling over $207 million.

flag New Zealand's Inland Revenue has seen a 43% increase in repayments from overseas-based student loan borrowers, totaling over $207 million since last July. flag This rise is partly due to increased funding for Student Loan Compliance and a focus on borrowers who own New Zealand property or visit frequently. flag For over 24,000 borrowers with debts older than 15 years, Inland Revenue is taking tougher action, including potential arrests at the border. flag The government also plans to raise student loan interest rates, a move criticised for potentially discouraging skilled individuals from returning.

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