Home > News > Nation
Tuesday October 1, 2013 MYT 12:00:00 AM
Tuesday October 1, 2013 MYT 8:18:34 AM
by martin carvalho, yuen meikeng, rahimy rahim, AND loshana k. shagar
A TOTAL of 412,245 people out of the 1.24 million who had taken study loans from the National Higher Education Fund Corporation (PTPTN) have yet to repay the money they had borrowed from the scheme.
Education Minister Tan Sri Muhyiddin Yassin said the breakdown revealed that 188,371 or 36% of male students had failed to repay their loans, out of 527,152 male borrowers, while 265,305 or 33% female students, out of 814,221 female borrowers, had also failed to repay their loans.
The highest number of defaulters, he added, were from Sabah (32,428), Kelantan (54,446), Terengganu (29,089), Kedah (41,325) and Perlis (5,129).
In his written reply to a question raised by Lim Lip Eng (DAP - Segambut), Muhyiddin said several steps had been taken to recover the loans, such as setting up 12 PTPTN offices, two one-stop centres and four branches nationwide to encourage loan repayments.
He added that other measures taken included initiating legal action against defaulters and blacklisting them from travelling overseas.
However, he said, legal action was the last option taken to recover loans from defaulters.
Tags / Keywords:
Education, Muhyiddin Yassin, PTPTN
Copyright © 1995-2013 Star Publications (M) Bhd (Co No 10894-D)