Minister: Pledge for PTPTN borrowers to delay repayment still being studied

Education Minister Maszlee Malik speaks at the Ministry of Higher Education in Putrajaya May 31, 2018. — Picture by Shafwan Zaidon
Education Minister Maszlee Malik speaks at the Ministry of Higher Education in Putrajaya May 31, 2018. — Picture by Shafwan Zaidon

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PUTRAJAYA, May 31 — Education Minister Maszlee Malik today said his team was still identifying the best mechanism to allow National Higher Education Fund Corporation (PTPTN) borrowers earning under RM4,000 to defer repayments.

However, Maszlee said he was confident the Pakatan Harapan (PH) election manifesto pledge can be implemented within the promised 100 days of the pact winning federal power on May 9.

“We are studying this at the moment, as we are currently struggling to clean the dirt caused by the previous administration,” Maszlee said, referring to the revelation of the nation’s over RM 1 trillion in liabilities.

“So until then, pay up your loan lah RM50 and RM100 (a month) also can [sic],” he added.

PH in its election manifesto promised to allow PTPTN borrowers to repay their debts only when they start earning RM4,000 and more a month.

Now, borrowers must start repaying their loans six months after graduation.

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