Universiti Selangor (Unisel) will liquidate some of its assets in order to help students who will be affected by the loan freeze from the National Higher Education Fund (PTPTN).
In a press release today, Selangor Menteri Besar Abdul Khalid Ibrahim described this as a short-term measure in view of the persecution by the federal government.
"The assets involve property with an area of 500 acres which were procured through the debt restructuring of Talam Corp Bhd," he said.
Abdul Khalid estimates that the move would allow Unisel to raise RM30 million in cash, of which a portion would be used to help the students.
"However, this financial aid would be temporary until a concrete solution can be found," he said.
In a press release today, Selangor Menteri Besar Abdul Khalid Ibrahim described this as a short-term measure in view of the persecution by the federal government. "The assets involve property with an area of 500 acres which were procured through the debt restructuring of Talam Corp Bhd," he said.
Abdul Khalid estimates that the move would allow Unisel to raise RM30 million in cash, of which a portion would be used to help the students.
"However, this financial aid would be temporary until a concrete solution can be found," he said.
Students made BN's victims
He added that Unisel would be releasing more details soon.
Abdul Khalid said the state government was very disappointed with the federal government, and especially the Higher Education Minister Khaled Nordin, over the PTPTN loan freeze.
He said this was both irresponsible and against the spirit of the federation, while victimising students and their parents.
"BN has made Unisel students and their parents, majority of which are Malays, victims because of a difference in policies between Selangor and the federal government.
"This issue shows that BN is willing to do whatever for their narrow politics to the point where they victimise and pawn the future of their nation's youths," he said.
Abdul Khalid said the state government was very disappointed with the federal government, and especially the Higher Education Minister Khaled Nordin, over the PTPTN loan freeze.
He said this was both irresponsible and against the spirit of the federation, while victimising students and their parents.
"BN has made Unisel students and their parents, majority of which are Malays, victims because of a difference in policies between Selangor and the federal government.
"This issue shows that BN is willing to do whatever for their narrow politics to the point where they victimise and pawn the future of their nation's youths," he said.
Tit-for-tat?
The federal government had announced a freeze on PTPTN loans for Unisel students, beginning April next year, in view of Pakatan Rakyat's opposition towards the scheme.
They argue that higher education should be made free, while PTPTN was badly managed and saddle students with debt the moment they graduate.
Pakatan's most vocal critic against the scheme is PKR, whose de facto leader Anwar Ibrahim urged students not to pay for their loans.
Following this, Khaled announced that since PKR was against PTPTN, they should fund Unisel on their own, without federal government assistance.
Echoing Khaled's view, Selangor Umno deputy chief Noh Omar said PTPTN will rescind their new policy if PKR admits that they are wrong.
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