430,000 Borrowers Fail To Repay PTPTN Loans Totalling RM6 Bln
LUMUT, A total of 430,000 borrowers have failed to repay their loans from the National Higher Education Fund Corporation (PTPTN), amounting to an estimated RM6 billion. Higher Education Minister Datuk Seri Dr Zambry Abd Kadir said that these borrowers have never made any repayments to PTPTN despite many having established careers. He noted that unpaid loans have steadily increased each year, directly impacting PTPTN’s financial resources. ‘…this is a moral responsibility that borrowers need to fulfil, as the funds repaid will be used by PTPTN to assist future generations,’ he told reporters after attending the PTPTN Loan Advance Payment (WPP)