PTPTN loan is good, but

PTPTN loan is good, but …- by Stephen Ng (TMI0)

— Stephen Ng The Malaysian Insider Apr 24, 2012 APRIL 24 — It was on November 1, 1997 when the National Higher Education Loan (PTPTN) scheme started giving out loans. At that point in time, private colleges were starting to bloom, and foreign universities such as Monash University and Nottingham University were also invited to set up their campuses in Malaysia. The PTPTN was created to be a rolling fund to provide loans to students who could not afford tertiary education, because very few banks in those days were willing to provide the loans. Even banks were charging higher interest fees for students who opted for the loans compared to the PTPTN. Besides, the cost of private education is higher than that offered by the public sector. This is understandable, because they are linked with international universities and were catering to a generation of students who would have ...

Full article: http://blog.limkitsiang.com/2012/04/24/ptptn-loan-is-good...