Majority of Malaysian youngsters in debt, survey shows | The Malaysian Insight

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Majority of Malaysian youngsters in debt, survey shows

A UCSI University survey finds 73% of Malaysian youth in debt and do not have sufficient capital for financial commitments. – The Malaysian Insight file pic, January 31, 2023.

A RECENT survey has revealed that 73% of Malaysian youth were in debt and do not have sufficient capital for financial commitments. The survey by UCSI University poll research centre, which was published today, highlighted several main reasons for youngsters to take up loans – financial constraints, inflation and adopting luxurious lifestyles.

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