Why don't just punish the defaulter but to imposed it on the good paymaster? Why?

Their initial problem is the loan defaulter who didn't pay on time or didn't pay at all and suddenly punished all together with the good ones.

Lazy maaa...blanket enforcement easier

Please differentiate between gross income and taxable income....

Sendiri miskin dengki orang kaya

Actually the solution is simple. They should use net income and not gross income as the benchmark on % of payment. Net income means after all statutory deductions but does not include personal loans such as housing, car, etc.

I am sure someone who has net income of 8k should be able to afford 1.2k installment.

Later still cook up sad story saying got high commitments how let?

Those teling sad story moatlynshoild be defaulter running away from paying all this while

so for people who pay income tax, and pay their PTPTN loan, can we say that they are double paying?

i mean, i give you money, you come up with a scheme to use that money to lend it to other people to get interest income.

and apparently the "other people" here is you.

so you are borrowing money from yourself and have to pay back with insterest?

hmm i hope i am explaning it right way..

hope sum one can get my point here

dont think so. as you took the loan when you were not paying any income tax. studying ma

good point. But PTPTN and gov would need to show the transparency that they are indeed using tax money to provide ptptn loan, then they / we can proceed to make a case of this.

But if they dont reveal, there's ntg to be done here. Which i think they will not easily reveal. lol

Reply to ur last question
Cause their mthly payment according to agreement n now is around 200-300 per mth n have being paying gor years

Sudden change next mth payment become 1.2k n above

U said rage or not

which was my intial question, where did the Public fund come from?

parents income?and some cases those who are doing part time studies, work while study?

lol

So how many people earning 8k above still haven't settled their PTPTN?
Somebody who earned a fresh grad salary of 3k would need about 12 years to reach 8K salary with a generous 10% yearly increment. And PTPTN contract terms are usually 10 to 15 years only, so they would have jsut a couple.of thousand in PTPTN debt at this point.

ya, parents income ma. not yours.

but the part time studies tu, maybe. but alot dont, dapat duit ptptn, go jolly buy phone

Unless they have not been paying regularly.

Jeng! Jeng! Jeng!

8k is not a nett salary
And with today living expenses, 1.2k is burdening
If i loan and left 30k, repay 600 a month, i think 4 years would complete the loan. I think this is good.
Sure with 1.2k you can complete it in 2 years but is really should be up to the individual, not with such a scheme.

Then padan muka them. Or in other words, the 15% rate for those above 8k salary is clearly targetted to those who have neglected to pay all this while and should have been able to for years.

This post has been edited by red_satu: Dec 7 2018, 12:02 PM

4 years to pay off a 30k loan?
if get bonus, can use to percepatkan

I am only a diploma holder from KDU and it took me around 5 years(or more, I can't remember) to clear my study loans and my salary was around 2.8k at the time. I was already paying taxes since my salary was above 2.5k. Max monthly I had to pay was RM400 but that was because my priority was to clear my loans first. Also not forgetting I was paying RM500 as well for my Proton Saga FL during the time. Only then when my salary hits 3k then I started to buy an apartment. So really, it is all how you want to prioritized how you want to handle your money. You sendiri tak cukup duit but want to go to do to investment. What's the point of investing with such small amount?