KUALA LUMPUR: A total of 64,618 National Higher Education Fund Corporation (PTPTN) borrowers from families earning more than RM8,000 a month have repayment arrears totaling RM257.56 million as of Oct 31. Deputy Higher Education Minister Datuk Mustapha Sakmud said 196,115 borrowers from families who are not recipients of the Sumbangan Cash Rahmah (STR) and earn no more than RM8,000 a month recorded arrears of RM539.35 million. “Meanwhile, 967,796 borrowers from STR recipient families recorded arrears totaling RM10.23 billion,” he said during an oral question and answer session at the Dewan Rakyat today. He answered a question from Tan Kar Hing […]

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Millions of borrowers are at risk of receiving significant tax bills if Congress fails to extend tax-free student loan forgiveness beyond December 31, 2025. Most borrowers don’t even know this protection is ending, and many are already struggling to make ends meet due to rising costs and economic instability. Without immediate action, families who have spent decades repaying their loans could face financial devastation at the very moment they finally qualify for relief. Your voice is crucial. Urge Congress to act now and protect millions of Americans from this preventable crisis.

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