In Malaysia, the National Higher Education Fund Corporation (PTPTN) provides funding to those in need (terms & conditions apply) at a low interest rate to assist them in their pursuit of higher education. The repayment plan is also do-able and and funds repaid would be put back into the pool for future recipient. The fresh graduate has a bright future to explore though saddled with a student loan.
However, for whatever reason, repayment is not done or not done on time, there are serious repercussions. Click on the link and find out how this can happen and how to avoid any such scenario