The impact of Covid-19 on education loan repayment patterns in Malaysia

3 February 2020 is a sacred date for Malaysia, for the existence of the first Covid-19 cases involving Malaysians. Since then, various issues and assistance have been created. Among the big issues is the repayment of education loan. Since the total amount of loans provided to students depends on loan repayment, non-repayment of student loans after graduation becomes a serious issue for the government. According to National Higher Education Fund Corporation (PTPTN), a total of 200,213 diploma and degree students graduated in 2020. Of that number, there are a large number who are facing problems in repayment due to economic restrictions implemented by the government in an effort to contain the Covid-19 epidemic. This study developed a quantitative method and run the online survey to collect data. A total 385 of university graduates participated in this research. Four variables of focus are the cost of living, attitude, integrity, and government incentives were the most important predictor of education loan repayment patterns. After finalizing the answer, the majority agreed that these four variables are the main factors that influence education loan repayment patterns in Malaysia. At the end of discussions, this research can assist policymakers to understand better specific strategies, approaches, and other relevant matters in making sure that borrowers comply with the repayment conditions while not being a burden to both government and the public.