PETALING JAYA: The Higher Education Ministry has formed a national taskforce to look into issues and challenges that private higher education institutions (IPTS) are facing in the light of Covid-19.
Its minister Datuk Dr Noraini Ahmad (pic) said the Malaysian Association of Private Colleges and Universities (Mapcu) estimates a 84.1% drop in foreign student enrolment this year, with a loss amounting to RM6.9bil.
The taskforce will therefore suggest solutions to allow IPTS to compete on a global platform, she said.
“Private colleges and universities play an important role in the higher education ecosystem of this country.
“In 2018, a total of 633,344 IPTS students contributed RM31.5bil through fees and living cost collections.
“However, I know that the ecosystem is still hampered by several factors such as policies and rules that aren’t flexible, high promotional costs, and poor financial management.
“This situation has worsened due to the impact of Covid-19, ” she said during the ministry’s monthly meeting on Tuesday (July 7).
The members of the taskforce, Noraini said, comprise various national agencies and will provide a healthy synergy in collaboration with IPTS in giving the best “prescription’ for IPTS to march forward as an industry”.