Mahfuz pronounced it was "immoral" to design jobless graduates to pay off their investigate loans. File pic
Among a changes a Islamist celebration is advocating are a longer grace duration prior to a first loan instalment is due as well as a rebate in a orthodox liability for loan defaulters.
PAS vice-president Datuk Mahfuz Omar currently pronounced fresh graduates who were unable to secure employment within 6 months of graduating were confronting a added pressures of having to pay off their National Higher Education Fund Corporation (PTPTN) loans.
"It is not fair to burden these students prior to they even have a permanent job; it is immoral," pronounced Mahfuz.
The Pokok Sena MP additionally remarkable that defaulters were liable for their loans for a limit of 11 years, in contravention of a Limitation Act 1953 that stipulates a liability duration of no some-more than 6 years.
PAS currently additionally announced a formation of a task force, to be headed by Paroi assemblyman Mohd Taufek Abdul Ghani, to examine issues associated to a federal investigate loan scheme.
The PTPTN fund was incorporated in 1997 to provide student loans to those posterior tertiary educations.
Since the inception, PTPTN has issued a little RM38 billion in loans as well as recently saw the annual grant lifted to RM6 billion.
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