Najib: Abolishing PTPTN will cost taxpayers RM43b



By Shazwan Mustafa Kamal
April 07, 2012
The PM now pronounced a supervision would have to impose aloft taxes upon Malaysians should it move to annul a PTPTN. file pic
KUALA LUMPUR, April 7 Abolishing a National Higher Education Fund Corporation (PTPTN) tyro loan intrigue would price taxpayers an one more RM43 billion, a budding minister pronounced today.
Datuk Seri Najib Razak pronounced a move, as due by Opposition Leader Datuk Seri Anwar Ibrahim is not feasible, as it would impose an one more weight upon Malaysians.
"There are usually three countries in a universe which entirely bear a price of aloft preparation for a people such as Norway. But Norway imposes a tall taxation rate upon a people," he was quoted by Bernama as observant when launching a programme 'JelajahJanji Ditepati' in Batu Pahat, Johor progressing today.
The PM pronounced which a supervision did not wish to weight Malaysians by imposing tall taxes in order to annul a PTPTN.
Najib forked out which his administration department now bore 90 per cent of a country's aloft preparation costs, and stressed which a PTPTN was usually being utilised to compensate tuition fees for students.
Pakatan Rakyat (PR) has confirmed which scrapping a PTPTN is probable by expelling a country's greedy expenditure.
Anwar had cited a country's RM150 billion revenue, observant which much income was squandered upon construction which had ballooned in price as good as leakages and bribes as reported by a Auditor-General.
PR had previously promised to annul PTPTN loans and provide Malaysians with giveaway aloft preparation should it come to power.
Students, led by Solidariti Mahasiswa Malaysia (SMM), are planning to hold a rally next month calling for a extermination of a PTPTN.
But ! Higher E ducation Minister Datuk Seri Khaled Nordin pronounced recently which students who wish a PTPTN to be scrapped should vote for a opposition rather than take to a streets as a 13th general choosing would be called soon.
Khaled had progressing voiced during a shutting ceremony of a 2012 National Higher Education Carnival here which a Cabinet had authorized an one more RM6 billion in funding for PTPTN loans for 2012/13.
His method had asked for an one more RM16.5 billion to fund aloft preparation loans for a 2012-2015 period.
Khaled additionally pronounced which a PTPTN was necessary notwithstanding a low tuition fees during open universities as students still indispensable to compensate for food and accommodation.
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