It’s self­ish of PTPTN bor­row­ers not to re­pay their loans

New Straits Times - - LETTERS - T.F., Pe­tal­ing Jaya, Selangor

who took Na­tional Higher Ed­u­ca­tion Fund Cor­po­ra­tion (PTPTN) loans for their stud­ies and are now work­ing should pay them so that other stu­dents can ben­e­fit from the fund.

Malaysian stu­dents are a lucky bunch.

Stu­dents in other coun­tries have no fi­nan­cial help like PTPTN to help them pay for their ter­tiary ed­u­ca­tion.

Many par­ents have to dig into their sav­ings. Some bor­row from friends and rel­a­tives to fi­nance their chil­dren’s ed­u­ca­tion.

There are par­ents who have re­fi­nanced their prop­er­ties or even sold them to pay for their chil­dren’s ed­u­ca­tion.

I know of par­ents who take loans and mort­gage their houses to pay for their chil­dren’s ed­u­ca­tion.

And, here in Malaysia, there is a fund to help stu­dents, but those who have taken loans are not pay­ing them back.

A re­cent news re­port said al­most half a mil­lion PTPTN bor­row­ers have not paid a sin­gle sen of their loans.

This amounts to RM2.79 bil­lion.

It is sad that some peo­ple don’t re­pay their loans.

This is not a new is­sue. The num­ber of de­fault­ers in­creases ev­ery year, and, be­cause of this, many stu­dents are not able to ob­tain loans.

I don’t know what their prob­lem is and why they refuse to pay when it should be a pri­or­ity as soon as they start work­ing.

PTPTN has ar­ranged for easy pay­ment schemes, salary de­duc­tions and even dis­counts for early set­tle­ment, but there are those who con­tinue to avoid pay­ing.

PTPTN has helped many stu­dents, es­pe­cially those from poor fam­i­lies and those in ru­ral ar­eas.

The loans must be re­paid dili­gently so that there will be funds for oth­ers.

Do not be self­ish.

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