PTPTN Defaulters: Irresponsible Individuals or Structural Problem?

There’s been a lot of talk lately about PTPTN’s ballooning debt and what to do about it. With a total outstanding debt of RM 40 billion, 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? 

We speak to Geoffrey Williams, Economist & Founder of Williams Business Consultancy.

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