Why, have we been educating ungrateful Malaysians? - Theantdaily

My thoughts: Here's an article about PTPTN. I too have borrowed from PTPTN and currently repaying it. However I wuld not blame its receivers for not repaying rather the PTPTN institution itself. They are now going after their loan defaulters. They never call them, or send them any letters. If I were in charge of PTPTN, I would have a dedicated team ensuring that loan takers pay back their dues. After you graduate, do keep your promise to settle the National Higher Education Fund (PTPTN) loan so that others can also benefit from the facility. When you give others the opportunity, you are also helping yourself to be more successful. Enjoy the article :)

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QUICK TAKE: It is not a happy testimony of our current situation when the authorities concerned with dispersing student loans have to repeatedly remind students who had taken loans from the government that they must repay their loans after they have successfully completed their studies.

At the recent 19th Convocation of University Malaysia Sarawak (Unimas), Vice-Chancellor Professor Dr Mohamad Kadim Suaidi told the 464 graduates that – “After you graduate, do keep your promise to settle the National Higher Education Fund (PTPTN) loan so that others can also benefit from the facility. When you give others the opportunity, you are also helping yourself to be more successful.”

He also encouraged the graduates to continue to pursue their studies to the highest level possible.

But what has gone wrong here – when he had to repeat the reminder that students have to make good the loans they have taken, or will take in the future for higher studies?

Have we simply been loaning money to ungrateful students and freeloaders who had, when in dire need, came begging for loans to further their studies? Upon graduation, they have callously turned their backs and have either refused to pay back or have made lame excuses, like asking for easier terms in the form of instalments or deferred payments?



Have they for a minute thought about what the repercussions are from their action and on how it will affect negatively on other students who are now applying for the same loans that they once had benefited from?

In terms of a revolving cash fund, and if the fund is based on such a system, it would mean that the fund would very quickly run dry, thus depriving others the opportunity to secure the loan when their turn comes.

What in effect does this show us?

It shows that a majority of those who had not paid up their loans, or have made excuses, are actually an ungrateful lot. They are a selfish bunch, never sparing a single thought for others. Did these people benefit at all from their ‘education’, and if they did, are simply too arrogant or unwilling to part with their new found income after they started work.

But there could be a few who may have problems in securing employment and have no resources to settle the loans. In such cases, perhaps they could seek the help of family members to help them make partial payments as a stop-gap measure until they have found work.

A good education is still the backbone and the basis of our egalitarian society, and we must be able to hold our heads up high, and make good a simple promise like repaying a loan that we have taken out for our further education.

Well, is that too difficult a task to handle?

Link to source: http://www.theantdaily.com/Main/Why-have-we-been-educating-ungrateful-Malaysians