Government provides 90 per cent of education financing - Saifuddin
The government provides 90 per cent of higher education financing, making Malaysia the only country allocating a huge amount of money to education, said Deputy Higher Education Minister Datuk Saifuddin Abdullah.
Finance Minister P Chidambaram on Saturday said an education loan is a right of every student and the officials with the public sector banks who are found rejecting a large number of applications may be penalised for denying the loans.