KUALA LUMPUR (Dec 16): The Ministry of Education (KPM) does not plan to do away with 50% of the National Higher Education Fund Corporation (PTPTN) loans for all PTPTN debtors.

Deputy Education Minister Teo Nie Ching said the government would have to spend RM29 billion, namely 50% of the total loans which had been given out to the borrowers, if it wanted to implement the incentive.