Putrajaya has been urged to review the waiver and discounts granted to Higher Education Loan Fund (PTPTN) recipients to ensure sustainability of the scheme.
At a forum on the PTPTN scheme in Kuala Lumpur last night, Serdang MP Ong Kian Ming said the present system would encourage bad payment habits or benefit those who are less in need.
For example, he said the present discount scheme being offered for defaulters would encourage loan recipients to default and wait for a discount.
"I can wait until I get blacklisted. I don't care, because I know the discount is coming. Once the discount is in place, I will repay in one lump sum. I will stand to gain," said Ong.