Great news people! Our Education Minister Dr. Maszlee Malik announced on May 31 that his ministry is in the midst of removing over 400,000 National Higher Education Fund Corporation (PTPTN) loan defaulters from the travel blacklist.
According to FMT, the newly minted minister said the Immigration Department has started removing names of the defaulters since May 24 and is expected to be completed by June 15!
Source: Berita Harian
“Should any of you face trouble at the airport, please contact our officers there.”
Although you’ll be free from the travel ban, the names of the defaulters will still remain under the Central Credit Reference Information System (CCRIS), barring them from obtaining bank loans.
Maszlee also added that those who have problems with repayment should approach PTPTN to negotiate an amount they can afford to pay.
“They should come to see us to restructure their loan payments if they are having problems. For instance, if they cannot pay RM100 per month, we can discuss lowering the amount.”
In case you didn’t know, Pakatan Harapan promised in its manifesto that it will delay repayment for borrowers earning RM4,000 and below, however, PH’s pledge has to be put on hold for now due to the country’s staggering debt.
He added that the ministry requires more time to find the best way to fulfill the promise within the 100 days.
We understand that many can’t wait for the repayment delay to be implemented, but we hope the public can give our new government a chance to fulfill their promise, be patient and understand that there might potentially be some problems along the way.