Youth suffers as crippling debt, inflation, cost of living bite


Alfian Z.M. Tahir

Young people look for work at a careers fair in Kuala Lumpur. A UCSI survey of this age bracket reveals that 73% of respondents are struggling to pay off loans. – The Malaysian Insight file pic, February 1, 2023.

YOUNG people have spoken about their heavy financial commitments after a recent survey revealed that the majority of the youngsters polled were in debt.

They told The Malaysian Insight they are burdened with the high cost of living and finding it difficult to pay off loans. They urged the government to come up with a special scheme to help them pay off their debt.


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