Today, The Star online news says No Loans for Poor Results. Oopss! PTPTN recently says that it will withdraw loans from 152,000 students who scored CGPA of 2.0 and below.
"Its chairman Datuk Ismail Mohamed Said said the students with the poor results received loans totalling RM632mill."
That is a substantial amount to be given to those who not worthy of a helping hand because of their poor performance in their exams. I think this amount can be used to help those students who really need the loan or scholarship and who are qualified for the loan. Or maybe they can use the money to upgrade the facilities of public schools and universities.
At the end of the article also mention the following:
"Of the 132,180 blacklisted students who defaulted on loan repayments, he said 12,400 had repaid loans amounting to RM113.9mil."
Wow! So many graduates defaulted their loans. Personally I've never taken PTPTN loan because i did part-time degree while working. Young graduates nowadays can afford to buy the latest cool gadgets and drives a brand new Toyota Vios just barely 6 months into their first job but cannot pay back their study loan? For what I know is PTPTN charges very low interest rates and the repayment schedule is stretched up to 15 years to ease fresh grads burden. Monthly repayment is only RM100-250. I think it is doable when they can afford to own such luxurious items.
What do you think? Anyone has experience in defaulting their PTPTN loan before?
Hi there,
ReplyDeleteI am a financial blogger looking for guest posts and wondered if you have a spare slot in your writing schedule that we could fill. Our writers are finance professionals and can provide very informational pieces of articles on any desired topic. Would you like to accept a guest post for your blog?
Let me know if you are interested. It would be a great thing if we can successfully work together. :)
I cordially regret in advance if you find this offending.
Many thanks for your time.
Cheers,
Anya Bennett
anya.bennet(at)gmail.com
Good ideas! I like the way you express your idea and the topic you choose. KEep on your sharing! I appreciate it. michigan insurance company
ReplyDeletegreat and good ideas for over nations keep doing more and share or discuss with our people ... find out more benefits about short sale
ReplyDeleteThanks for every other informative site. The place else may just I get that kind of information written in such an ideal means? I have a venture that I’m just now operating on, and I have been on the look out for such information. read this page
ReplyDelete