753k PTPTN loan defaulters have not repaid a sen

Modified 31 Oct 2016, 4:58 am

PARLIAMENT A total of 753,058 former students who took loans from the National Higher Education Fund Corporation (PTPTN) have not repaid a sen, resulting in them owing RM5.191 billion to the corporation, Higher Education Minister Idris Jusoh told Parliament.

Replying to a question from Che Mohamad Zulkifly Jusoh (BN-Setiu), who asked how many defaulters had not repaid a sen to PTPTN, Idris replied that as of Aug 31, this year, a total of 1,917,033 students who took the loans had completed their studies.

“A total of RM18.311 billion was supposed to be collected from the former students.

“However, out of that total number, only 1,163.975 paid their dues, resulting in RM9.6 billion collected,” the minister replied.

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