THE Education Ministry does not plan to forgive 50% of the debt owed by National Higher Education Fund Corporation (PTPTN) borrowers.
Deputy Education Minister Teo Nie Ching said the government would have to spend RM29 billion – half of the total loans given out – if it proceeded with the move.
“The amount is equivalent to the total allocation to sponsor 1.2 million new borrowers until the completion of their studies.
“The ministry must focus on comprehensively improving the management of the loans,” she said when winding up the 2020 Supply Bill for her ministry in the Dewan Negara tonight.
On Orang Asli education, she said there were 133 candidates from the community vying for places at the Institute of Teachers’ Education Malaysia.
Only 25 were accepted after taking into account the results of the Teacher Candidate Qualification Test and current education needs, she said.
“The ministry will continue to ensure that certain students, such as Orang Asli and Penan, have the chance to obtain a quality education.” – Bernama, December 16, 2019.
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