I support paying back PTPTN.

But I don't support adding interest/faedah/kos perkhidmtana/ujrah/whatever bullshit term they use to justify the additional 'profit'.

Educational loans should be interest free, like how JPA/Mara used to give out. Education should be non-profit.

It's simple. Pay back what you took. Not pay back + 1% per year 'kos perkhidmatan'.

WE NEED REVOLUTION! LIKE IN TUNISIA!

Malaysians clearly have a problem with comprehension.

No wonder they are lagging behind in their studies.

Whoever said totally free? I said (wrote) educational loans should be interest free, not totally free.

Most of the people who cannot pay back their PTPTN is because of their relatively low starting pay. Also, how do you know the students didn't use their PTPTN wisely? Anecdotal evidence cannot be fully trusted (meaning just because you see 1 or 2 students buy iPhone using PTPTN doesn't mean every student taking PTPTN are buying iPhones).

You pay back what you took. If a degree program costs Rm40k, then pay back Rm40k, spread over 7-10 years depending on the person's financial capability.

This is what JPA and MARA used t do, but since PTPTN has taken over their role, why can't PTPTN operate the same way?

As for the gaji staf PTPTN, it is clearly being paid from govt. funds and NOT from the repayment of the student loans. How else could you explain the number of their staff when compared to the income from loan repayment? not to mention the allowances of theboard of directors, several of whom are BN-nominated appointees....

SInce you still do not understand English, I will write in Melayu.

Dulu ada pinjaman JPA dan pnjaman MARA la. (Aku adalah peminjam JPA).

Pinjaman JPA dan MARA adalah interest free. Maknanya pinjam RM25,000 untuk buat 1st degree, bayar balik RM25,000 (ini zaman 90an - awal 2000).

Takde kos perkhidmatan. Takde ujrah. Takde faedah. dan lain-lain.

Kalau cemerlang, pun sama macam PTPTN sekarang, sama ada dapat diskaun atau convert jadi biasiswa.

kenapa bila dwujudkan PTPTN (di mana bukannya swasta pun, tapi badan berkanun yang masih menggunakan peruntukan kerajaan) untuk mengambil alih urusan pinjaman pelajaran ke IPT, kenapa wujudkan caj perkidmatan?

Dulu-dulu masa MARA dan JPA pun diorang ada kaunter bayaran (JPA punya kat Putrajaya Aras 4 dengan Maju Junction, aku pernah pergi dua-dua).

Apa dulu staf JPA dan MARA yang duduk kaunter kutip hutang tu pun kerja free ke? Tak kan?

Tapi ada kata tak cukup dana ke apa kejadahnya? Ada cerita hutang tertunggak berbilion ringgit? Tak kan?

Pastu kalau lambat bayar pun, takde denda lewat atau interest naik (macam bank). Cuma tempoh bayaran balik jadi panjang la kalau tak cover alik yang miss payment tu.

AKu pun nak jujur kat sini yang aku pun miss payment 2-3 kli, tapi JPA kata aku ok pasal aku masih dikira konsisten).

Kalau memang tak nak bayar, memang la dapat surat dari Peguam Negara dan nama kena blacklist jugak. Ini tak boleh maaf la, pinjaman iterest free pun tak nak bayar.

Member aku adala dua tiga kerat kena, padahal bukannya tak kerja pun, jadi cikgu kat sekolah lagi. Last-las bila mohon nak buat master dalam education, JPA kantolkan dulu tak bayar loan, tau pulak malu.....

kebanyakan orang meman nak bayar balik PTPTN, cuma diorang tak nak bayar lebih hanya untuk interest sahaja.....

Itu memang salah sendiri (boros berbelanja duit PTPTN), tapi kerajaan pada aku telah bersikap kurang adil dengan memansuhkan pinjaman plajaran tanpa interest.

AKu rasa ini yang patut PAS perjuangkan, iaitu kembalikan pinjaman pelajaran tanpa sebarang kos tambahan.

Kalau UMNO/BN pandai, diorang push benda ni.

Yes, inilah dia punca masalah.

Hutang meningkat jika lewat atau tidak bayar.

Eliminate the interest factor, and I bet you these ex-students wil try as hard as they can to pay their loans back.

That is the problem, dear ex-JPA scholar.

Even if they pay off the principal, PTPTN will still add in the interest. It's pre-calculated no matter what.

UNless you pay off the entire amount in one go, you can never finish off the loan.

if they hav the money to pay off the entire loan amount in one go, why would they even take PTPTN anyway?

Have you not heard of various cases where they have paid more than what is required, and yet their outstanding balance are still not zero?

You are an ex-scholarship holder, how do you know the pain these PTPTN loan takers feel when they see their statement?

Please read my earlier posts.

I copy paste if you are lazy (which obviously you are):

As for the lawyer fees, the contract is like almost th same for everyone. PTPTN being a govt. agenc must have the free services from the govt.s own Legal Division (penasihat undang-undang) attached to the ministry. Even JPA has one.

Seriously BN would win a huge block of votes just by elminating the PTPTN service charge.....

This post has been edited by Faidzal: Feb 24 2011, 11:43 AM

Yes, someone finally gets what I'm saying.

Kesian tak paham2, aku tulis melayu pun tak paham2.

Interest free bukannya totally free.

Bukannya tak nak bayar langsung, tapi bayar balik apa yang kita pinjam.

Kalau pinjam RM40k buat degree bayar balik RM40k je.

AKu kasik example dulu JPA/MARA boleh buat, kenapa PTPTN tak boleh buat?

Kau sekolah BM fail ke? Tak faham2 apa aku tulis?

Do you now comprehend the problem with your original solution?

AS I've mentioned, make it interest free, and BN will never have to worry about losing votes any more.....

Penat la aku explain panjang2 tadi, kau tak baca pun.

QUOTE(Faidzal @ Feb 24 2011, 11:22 AM)

Aku terima kenyataan yang aku tak dapat scholar, aku dah bayar banyak dah pun.

Tapi aku kesian kat kengkawan yang muda-muda ni yang hutang pelajaran tinggi pasal kena bayar interest, padahal aku tak kena interest pasal aku dapat loan JPA.

Boleh je aku tunjuk troll face kat diorang, padan muka dan segalanya tapi ak membantu menyelesaikan masalah.

Aku bagi cadangan nak selesaikan masalah tak boleh ke?

This post has been edited by Faidzal: Feb 24 2011, 11:59 AM

I think this is the problem, which is making PTPTN a profit-seeking govt. agency.

It is better if they go non-profit, the management budget (gaji staf PTPTN) should be subsidised by govt.

If the students graduated and have high-paying jobs, the tax that they pay are enough to payfor the running costs of PTPTN.

Paying off the principal while ignoring the interest will only mean they still owe PTPTN money.

Unforunately the way PTPTn calculate the loan, the kos perkhidmatan aka interest is factored in by the time you are supposed to start paying.

They have to pay the outstanding amount (principal + interest) to close the account.

Mst of the people who do not want to pay extra are Muslims. yes, some of these people are stupid for not accepting that they agreed to the loan agreement and that the kos perkhidmatan is unavoidable.

But then PTPTN also allowed 1st class achievers to convert their loan to scholarships, so what's a few extra thousand lost per person because a few do no want to pay any more than what they took?

Most do it because there is no other choice.

BTW i have some younger friends who took PTPTN but the loan amount is just enough to cover his fees only.

He still has to rely on his parents for pocket money.

BUt anyway he has graduated and started paying back, he has the same complaint as me (why can't study loans be interest free).

At least his loan is just Rm20k.....

1. Don't have to tukar kerajaan, BN can do it (make PTPTN interest free), but they chose not to, so don't blame the young voters by that time....

2. Refinancing is even worse, because banks charge commercial rates (higher than PTPTN). Minimum rate is 3.25% per year, and that's if you work in govt.....

3. This a can agree, any MPP whether secretly a BN supporter or PAS/DAP supporter should push for interest free study loans.

I would like to reiterate that Malaysian govt. used to give out interest free study loans for people who didn't qualify for scholarships, either from MARA or JPA, but with the introduction of PTPTN, interest free study loans are gone.

I hope that govt. would consider this simple and probably most practical solution, make PTPTN loans interest free.

JPA/MARA loan no longer exists because PTPTN took over their duties.

So orang kurang pandai but still want to upgrade skills need to borrow, and PTPTN is still the only choice.

But now I have a new question, does PTPTn simply approve ALL study loan applications or they select those students most likely to graduate and pay back?

I can understand this problem, but supposedly even EPF do not charge high rates to PTPTN.

I am also a contributor as is most of the workers in Malaysia (except govt. servant la....)

Which brings me to my new question:

does PTPTN simply approve ALL study loan applications or they select those students most likely to graduate and pay back?

I recall JPA and MARA only give loans to people who failed to get scholarship (quota full) but SPM/STPM results are still good (5 As etc).