With RM11bil arrears, it’s time to act against PTPTN defaulters

When the stringent measures were implemented, the repayment rate was said to have peaked in 2017 at 79.3% with borrowers repaying RM5.19bil of a total of RM6.55bil.

Unpaid tertiary education loans to the National Higher Education Fund Corp (PTPTN) have reached an alarming level.

According to the Auditor General’s (AG) Report, nearly RM11bil is in arrears as at end of 2023, the highest in a decade.