ALMOST half a million National Higher Education Fund Corporation (PTPTN) borrowers have not paid a single sen of the RM2.79 billion that they owe. “Out of the RM6.84 billion, RM2.79 billion involved borrowers who have yet to pay a single sen, while RM4.05 billion involved those who are currently paying, but not according to the amount of installment set. “Out of the 410,500 borrowers who have yet to make payments, 355,272 borrowers involving RM2.44 billion are Bumiputera while 55,228 borrowers involving RM0.35 billion are non-Bumiputera,” he said in the written reply dated Nov 8. According to Idris, since PTPTN was introduced, 1,900,743 borrowers have graduated from universities until Sept 30. PTPTN chairman Datuk Dr Shamsul Anuar Nasarah said from the 410,500 borrowers, 58 per cent were those who had completed their studies in the last four years while 41 per cent had graduated between five and 12 years ago.

Source: New Strait Times November 13, 2017 23:48 UTC