Eh didnt you know? i guess you didnt thats why all this fuss.

All previous agreements cancelled adn stick to this deduction plan

New agreements with new deduction plan from January.

Kudos to you.

you are the creme de la creme.

Unfortunately not everyone has the same privilege & opportunity to even study/work their ass off.

I know some people who splurge their PTPTN money.

I also know some people, when they receive their PTPTN sends back a substantial amount to support their family at home. Work part time with classes to attend. With such weight on their shoulders its almost impoosible to attain scholarship winning results in uni. All done and dusted upon graduation they need to continue supporting their family with their meager starting salaries and with every increment it lessens the burden of the family on them.
After years they have worked themselves up to comfortable positions.

PTPTN helps people in those categories.

And now suddenly, PTPTN says, screw you and your family, pay me first.

Thats what we complaining about.

Then you dont know what is true hardship. when i know i have excess cash from PTPTN after study expenses i wont sit around and see family suffer.

For a PhD you lack empathy.

This post has been edited by juvaan: Dec 5 2018, 09:25 PM

How about changing terms in an agreement years ago?

Today you agree with bank to pay 2k a month and suddenly bank demands 6k a month?

You would not be "riled up" and just conform, because after all you are paying back what you spent. You were lucky but not smart enough.

Trust me, you are right. there are people far worse than you.

Imagine this, a so called PTPTN borrower working part time, to support studies and family, cycles few kM to nearest tesco at night at 930pm to buy cheap stock clearance bread and consumes that for the next week. Simply becoz of "true hardship". Scored average results, got a job, worked his ass off and comfortable today.

Sadly, its a true story. Fortunately for him, he turned his life around.

This post has been edited by juvaan: Dec 5 2018, 09:33 PM

Yes thats reasonable, no doubt and qualms about that.

Paying according to schedule as agreed is ok.

Changing the schedule as they like is not ok.

Punish the defaulters, not the ones who have been diligently paying over the years.

Fund management and going concern bro. Leverage used to obtain a certain want/need.

Its not the loan which has changed, but more of a cashflow problem for those with maxed out commitments.

agree, but dont change the deduction as you wish. all along deduct certain amount, suddenly deduct 5x more on short notice.

amazing, the number of ktards being revealed to be sky high!!



last time stating this. Kalau bodoh simpanlah sikit. PTPTN dont behave like bank and ktards with no PTPTN gtfo myob

why not try to see from the "simpleton's" point of view.

I get your point and you claim to see the big picture. But take note the gov serves the people and should not be run like a corporation. Social welfare is part of the agenda.

There it self can see you lack the empathy and possess narrow view.

Thanks for your view. But my view as a PTPTN borrower is for the gov to exercise their own moral judgement. Yes, legally they are entitled to enforce but is it ethical and just? Imagine, one day maybank comes and tell you that you need to pay 500% higher installment for your car loan just because some other people cant pay theirs. are you ok with that? Banks being capitalist in nature will not dare to do that, what more PTPTN which is meant to help the people?

Screw, reprimand and charge additional interests on the defaulters for all i care, declare them bankrupt and charge them in court if necessary.

But dont penalize those that have been diligently paying their dues. which happens to account for about half of all borrowers.

The move to demand higher repayment in accordance to higher salary is just not the way. All of us "simpletons" have already planned and budgeted our cashflow based on the agreed amount signed as per our contracts and suddenly you tell us we have lesser disposable income due to the selfishness of the defaulters?

this is the fault of the defaulters who abused the system and generosity of the gov, dont put all PTPTN borrowers in the same bucket.