There has been a lot of talk lately about PTPTN’s ballooning debt of student loans and what to do about it.
With a total outstanding debt of RM40bn, pressure is mounting on the government to act decisively. The instinctual reactions tend to focus on the defaulters, with many calling for harsh penalties like fines or travel bans. I mean, it’s only natural to think “you borrow, you pay back!”
But are we missing something here – something more fundamental and structural?
BFM speaks to economist Geoffrey Williams.
Presented and produced by: Dashran Yohan/BFM
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