Pakatan's PTPTN pledge put on hold for now, says Education Minister

PUTRAJAYA: National Higher Education Fund Corporation (PTPTN) borrowers earning less than RM4,000 a month will have to continue paying their loans for now.

Education Minister Dr Maszlee Malik said the Pakatan Harapan Government has to work on its promise as the country is saddled with more debt than what was revealed by the previous administration.

"The ministry needs more time to find the best way to fulfil this promise within the 100 days," he told reporters after presenting offer letters to SPM school leavers to public universities and matriculation centres at his office on Thursday (May 31).

Pakatan's election manifesto included delaying PTPTN loan repayments for those earning RM4,000 and below.

In the past, borrowers were required to start paying back their loans six months after graduation.