Connect with us

News

Tun M is Ashamed That M’sians Are Not Paying Back PTPTN Loans Worth RM36 Billion

Published

Tun M Says He is Ashamed of RM39 Billion Worth of Unpaid PTPTN Loans - WORLD OF BUZZ 3
Source: Roket Kini

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Prime Minister Tun Dr Mahathir Mohamad has recently voiced his disappointment over the amount of unpaid National Higher Education Fund Corporation (PTPTN) loans that have accumulated over the years.

According to the New Straits Times, it was revealed that RM36 billion worth of unpaid student loads was owed to the government. Speaking at Universiti Teknologi Malaysia Kuala Lumpur today (20th September), Tun M emphasised that the government spends a lot of money on PTPTN loans for poorer Malaysians to pursue higher education. He stated,

“I am ashamed but they (borrowers) are not. It’s not like they can’t afford it. They are earning RM2,000 and only have to pay back RM100 a month but they just don’t feel like paying.”

Tun M Says He is Ashamed of RM39 Billion Worth of Unpaid PTPTN Loans - WORLD OF BUZZ

Source: NST

“Sometimes, we find people who go to jail… and don’t even feel shame. They can still smile. We also find some Malaysians are not trustworthy especially when it comes to paying loans or money borrowed.”

He added that Malaysians should learn to emulate the Japanese to be more successful, like having a sense of shame, be hardworking, trustworthy and not be too laid-back. He even spoke about the possibility of setting up a Japanese university in Malaysia.

Tun M Says He is Ashamed of RM39 Billion Worth of Unpaid PTPTN Loans - WORLD OF BUZZ 2

Source: NST

“It is very costly for us to go to Japan to study now as the cost of living is high. If we build a university here, it will be cheaper and students from other poor countries can also come and study here.”

What are your thoughts on Tun M’s statement? Let us know in the comments below!

 

Also read: Dr M: PTPTN Debt Almost the Same as 1MDB’s Losses, M’sians Not Shameful for Owing Money

DR M: PTPTN Debt Almost The Same As 1MDB's Losses - WORLD OF BUZZ 2

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

feat image underage girls rempit feat image underage girls rempit
News46 minutes ago

JPJ Mulls Legal Action Against Parents of Two 12yo KL Girls Caught Street Racing with Illegally Modified Motorbikes

Two underage girls were detained in Kuala Lumpur for illegal street racing yesterday (20 March) using motorcycles with illegally modified...

feat image multi storey feat image multi storey
News5 hours ago

Despite Mixed Public Reaction, PMX Says Up to 17-Storey Schools Will Be Built in KL, Putrajaya & Penang This Year

Previously, we shared the Government’s proposal of building new concept schools consisting of between 10 and 17 floors around the...

collage 77 collage 77
News18 hours ago

Primary School Boy Complains to PMX About Broken Toilets at School, All Toilets Repaired 2 Days Later

A video recently went viral showing a primary school kid meeting Prime Minister Anwar Ibrahim and taking the chance to...

collage 70 1 collage 70 1
News19 hours ago

“It’s unconstitutional” – Penang MCA Secretary Slams PAS President Over Malay Muslim-Only Leadership Remark

PAS president Abdul Hadi Awang recently shared his thoughts on Facebook after DAP suggested limiting the Prime Minister’s term to...

collage 69 1 collage 69 1
News21 hours ago

Thai Man Slashed with Parang After Allegedly Telling Wife He Wanted Chicken Rice When She Made Tomyam

A birthday celebration in Rayong, Thailand, went south when a woman attacked her husband with a machete on March 14...

feat image changii feat image changii
News22 hours ago

Chinese Woman Attacks Immigration Officer After Being Denied Entry to Singapore, Gets 8 Weeks in Jail

A Chinese woman recently turned aggressive after she was denied entry to Singapore and attacked an Immigration and Checkpoints Authority...

collage 68 1 collage 68 1
News23 hours ago

21yo Nanny Jailed 10 Months for Scalding Kids with Hot Spoon at Seremban Daycare Over Snacks

A 21-year-old nanny has been sentenced to 10 months in jail and fined RM20,000 by the Sessions Court today (March...

My Post 1 2025 03 20T130049.477 My Post 1 2025 03 20T130049.477
News23 hours ago

PDRM Arrests 5 Private Uni Students for Allegedly Running Robbery Ring Targeting Gay Individuals 

The Royal Malaysia Police (PDRM) has arrested 5 private university students for allegedly targeting gay individuals to rob them. The...

Announcement

Latest Videos



TRENDING TODAY