KUALA LUMPUR: Umno Youth has proposed that the National Higher Education Fund Corporation (PTPTN) do away with the 1% interest rate for its loans.
Movement chief Khairy Jamaluddin said the 1% interest rate meant for PTPTN's administration fee collected was actually a lot more than the actual operating expenditure of the corporation.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!