Billions in unpaid student loans present headache for KL govt

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Billions in unpaid student loans present headache for KL govt

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22-12-2018, 02:40 PM

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Billions in unpaid student loans present headache for KL govt

An honorable member of the Coffee Shop Has Just Posted the Following:

Malaysia's Pakatan Harapan (PH) administration is having a hard time keeping up with its election promises.

Stuck with a RM1 trillion (S$330 billion) debt pile and populist pledges, the seven-month-old government recently backtracked on a promise to allow workers who took study loans from the government to defer payments if they earn below RM4,000 a month.

The National Higher Education Fund Corporation, known by its Malay acronym PTPTN, is tasked with helping Malaysians finance tertiary...

Billions in unpaid student loans present headache for KL govt

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