‘Troubled times ahead for PTPTN’

PETALING JAYA: Statistics show that the National Higher Educa­tion Fund Corporation (PTPTN) will not be able to sustainably provide loans in the future given its current financial scenario, says the corporation’s Public Con­sultation Independent Advisory Panel.

This means that students keen on applying for PTPTN loans in the future may need to turn to other scholarship funds, said the panel’s chairman Sheikh Shah­ruddin Sheikh Salim.

Describing the matter as being of “national importance”, he said: “Given that PTPTN’s RM40bil debt has considerable financial implications for the nation and taxpayers, we urge Malaysians to review the 10 big ideas and weigh in with their opinions. The panel, said Sheikh Shah­ruddin, hoped that all parties – parents, students, employers, NGOs, financial institutions and members of parliament – would cooperate and provide the much needed feedback.

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