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PTPTN, A RM66.9bn Problem

PTPTN, A RM66.9bn Problem

Morning Brief

October 24, 202311m 2s

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Show Notes

The government is considering introducing a mandatory monthly deduction for repaying PTPTN study loans through an automatic deduction facilitated by IRB. This is as the government agency is saddled with a total debt of RM66.9bn, with no easy solutions to reduce it. Dr Geoffrey Williams, Economist and Professor at Malaysia University of Science and Technology (MUST) suggests some radical solution for this conundrum and why free education is part of that plan.

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