Why ptptn should be abolished

The staggeringly huge number of defaulters have left PTPTN with no choice but to introduce strict measures against these defaulters. In this article, we will share the measures taken by the authorities to penalise you when you fail to make repayments.

Well, if you the defaulter missed payment schedules regularly. You are not allowed to pass through the immigration checkpoint and not allowed to renew your passports. So keep in mind to always maintain a good credit score, as it has the ability to affect your assets in Malaysia. When that happens, you can say goodbye to personal loans , car loans , home loans , business loans and even credit cards. You have a higher chance of being rejected by the bank.

He explained that some parents who could afford the study expenses, had deliberately made their children take up part-time jobs to support their education to instill a sense of responsibility in their education. Penang-based educationist Datuk Cheah See Kian said PTPTN had been a very good policy, having helped many lower and middle-class Malaysians of various races to complete their tertiary education. Should the loan be abolished, the honorary principal of Han Chiang College in Penang said, not only would it be unfair to those who had paid up, but also it would make a mockery of the whole education financing system in the country.

If you decide to abolish PTPTN and give free education, how about those who study in independent and private schools, colleges and universities? He explained currently, there were 60 independent schools in the country, apart from private colleges and 25 private universities.

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