1.

Record Nr.

UNINA9910823462803321

Autore

Wan Wan Saiful

Titolo

Malaysia's student loan company : tackling the PTPTN time bomb / / Wan Saiful Wan Jan

Pubbl/distr/stampa

Singapore : , : ISEAS Yusof Ishak Institute, , [2020]

©2020

ISBN

981-4881-68-6

Descrizione fisica

1 online resource (40 p.)

Collana

Trends in Southeast Asia ; ; Number 5

Disciplina

378.362

Soggetti

Student loans

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Front matter -- FOREWORD -- Malaysia’s Student Loan Company: Tackling the PTPTN Time Bomb

Sommario/riassunto

The Malaysian National Higher Education Fund Corporation (PTPTN) was set up in 1997. Since then, it has accumulated a massive debt amounting to RM40 billion in principal plus RM13 billion in interest. All these are guaranteed by the Malaysian government.It is now the biggest provider of student loans in the country and continues to play a very important role in catalysing socio-economic mobility, especially among the ethnic Malays which is the majority community in the country.