‘Get cracking on loan collection’

Tackling the root: In the AG’s report series 1/2025, PTPTN was advised to review its loan collection mechanism and improve the management of loans. — ONG SOON HIN/The Star

PETALING JAYA: After a shocking finding that more than RM10bil was owed to the National Higher Education Fund Corpo­ra­tion (PTPTN) in 2023 by study loan defaulters, the Auditor-General has urged the fund to review the way it works.

The Auditor-General also suggested a rethink on the mechanism on loan collection and discounts offered on repayment.