Miri MP calls for continued PTPTN support for B40 students amid proposed cuts to courses with under 30 pct repayment

MIRI (Nov 16): It is crucial to recognise that a substantial number of students who depend on the National Higher Education Fund Corporation (PTPTN) loans are from B40 (low-income) households.

In stating this, Miri MP Chiew Choon Man said PTPTN plays a critical role in enabling these students to complete their studies.

“These students rely on financial assistance to pursue higher education and secure a brighter future, and PTPTN facilitates their access to improved career opportunities and financial independence,” he said in a statement yesterday in response to PTPTN’s proposal to suspend or reduce funding for university courses with student repayment rates below 30 per cent.

“In today’s competitive job market, tertiary education is vital for career advancement. Hence, a comprehensive loan structure that covers both tuition fees and living expenses is essential,” Chiew pointed out.

Elaborating, he said such support would allow students to focus on their studies without the burden of financial stress, investing not only in their future, but also contributing to the economic growth of the nation.

He thus called upon the government to explore more innovative and effective methods for loan repayment.

“For instance, the Sarawak government previously implemented an initiative that provided a 30 per cent repayment incentive for graduates who have paid 30 per cent of their loan and undertake to repay the balance.

“This could serve as an exemplary mode and such creative strategy could significantly enhance repayment rates while continuing to support students throughout their educational journeys,” he said.

Adding on, Chiew regarded investing in education as not merely an expense, but ;a vital investment in the country’s future’.

“A well-educated workforce is crucial for driving growth and innovation. By supporting students in their educational pursuits, we are nurturing our future leaders, professionals, and contributors to society,” he pointed out.

Education, according to the MP, is a powerful tool for social mobility, offering the most practical means for individuals from lower-income backgrounds to break the cycle of poverty and improve their circumstances.

“Increasing barriers to access higher education only perpetuates existing inequalities. We must strive for a system that fosters inclusivity and provides equal opportunities for all, regardless of socio-economic status.

“I strongly advocate for the continuation and even the increase for the amount of PTPTN funding, particularly for the lower-income group.

“Thus, I call upon the government to recognise the long-term benefits of investing in education and ensure that no student is left behind in their pursuit of knowledge and a better life,” he said.