She said the Income Contingent Loan Repayment system, a method used in Australia, Hungary and Thailand, should be implemented locally.
On Thursday, PTPTN deputy chief executive Mastura Mohd Khalid said the repayment on the principal alone ranged from RM3bil to RM6bil a year, while the interest borne by the government was more than RM1.7bil a year. A loan borrower who wanted to be known as Natasha Nair, 27, said borrowers should be more considerate and think of how defaulting on their loan would affect future borrowers.
You have to pay although in small amount. Make choices but pay the loan first
The mismanagement of loan defaulters by allowing non-payment and lack of action has seen a crazy, ballooning figure. Take action now to reduce this debt or the future generations will have no access to this benefit. And BN with PH is responsible! 'Poor students still around,yo!“
What is 2 million hardworking taxpayers paying for ? Educating them to be jobless by choice, dishonest and irresponsible ? twitptptn
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Tabung Harapan funds to repay portion of 1MDB’s debtPUTRAJAYA: Tabung Harapan Malaysia’s (THM) entire funds amounting to RM203.29 million will be used to settle a portion of 1Malaysia Development Bhd’s ... When? That is the Question.
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Tabung Harapan funds to repay portion of 1MDB's debtsPUTRAJAYA (Bernama): Tabung Harapan Malaysia's (THM) entire funds amounting to RM203.29mil will be used to settle a portion of 1Malaysia Development Bhd's (1MDB) 2019 debt amounting to RM1.7bil, says Lim Guan Eng. when? Rakyat need to know what is happening with our money?
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Give some space to loan defaulters, PKR president tells PTPTNAnwar Ibrahim says PTPTN should not put undue pressure on loan defaulters who are still unemployed. Still trying to be popular instead of solving problems! Those unemployed r always gven opportunity 2 discuss & reschedule repymnt. What irks d ppl r their ability 2 travel abroad & sustain a lifestyle that does not show they r in a dire staye. anwaribrahim there are alot of people who will suffer. Many are jobless indeed. I know a number of them and struggling tough times now with small businesses many r filled with worries. God help our nation. Its easy for d haves but not d have nots majority. Some compassion pls
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Syed Saddiq: No to blacklisting PTPTN loan defaultersGOMBAK: Syed Saddiq Syed Abdul Rahman says he does not agree to blacklisting National Higher Education Fund Corporation (PTPTN) loan defaulters. Use your own money to loan them then SyedSaddiq Then how are you going to manage the untenable model. Do away with it or make tax payers pay for it. Should have blacklisted them long time ago. Without any extreme measures, those people would not pay up. For sure!!
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Syed Saddiq rejects any travel ban on PTPTN loan defaultersThe youth and sports minister says other ways must be found to ease PTPTN's burden and problems faced by graduates earning low incomes. No money to pay loan, yet still got money to travel. WTF 😂 No need to give excuses. Must ensure those who owe money to pay up. Let’s do it in a sensible way. Work out a repayment program with those owing money through deduction from the salary like taxes. They are in good jobs + earning money because of their education on borrowed money.
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