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