Give Wan Saiful a break, he’s telling the truth — Geoffrey Williams | Malay Mail

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Give Wan Saiful a break, he’s telling the truth — Geoffrey Williams

MAY 19 — Wan Saiful Wan Jan, Chairman of PTPTN, is fast becoming Malaysia’s very own Theresa May — a very good person with a seemingly impossible job!

We must be fair and acknowledge that the proposals presented in the PTPTN website come from stakeholders not from PTPTN or Wan Saiful himself. They lay out clearly what stakeholders have suggested along with PTPTN’s assessment of the implications for everyone concerned. They are truly terrifying and make Barisan Nasional look like the students’ friendly grandmother — a terrifying prospect for Pakatan Harapan politicians and supporters alike.

The third idea stakeholders have proposed has already been rejected. This is to link repayments to salary, which last time suggested that those earning RM8,000 per month or more should pay 15 per cent of their monthly income repaying loans. This idea is so bad for Pakatan that we can only guess it was suggested by those dreaming of a Barisan victory in GE15.

It doesn’t end there however. Within the same proposal are public shaming of students and visiting the sins of defaulters on their siblings by denying family members PTPTN loans in default. Idea #7 continues this theme by forcing debt repayments on unsuspecting “guarantors” — read “parents.” So much for family harmony.

We must not misunderstand this process. The analysis from Wan Saiful and his team is first-class and although they may not get a loan exemption, they should be given credit for telling the truth. They should also be given credit for seeking public views on these proposals — an exercise in active democracy that should be emulated in other policy debates.

 

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What truth? Wan Saiful failed to live up to PH election campaign. He should resign immediately. Give the position to Rafizi and see whether Rafizi can walk the talk & ‘tell the truth’ instead.

As a general rule, when your stakeholders give you solutions which will not work — look for other solutions. * Professor Geoffrey Williams is a professor at ELM Graduate School at HELP University.

If you have no means to pay back in future, do not study. At first u act grateful when the govt gives u a loan and when your studies is over u say bad things and refuse to pay back? Such entitlement! Malaysians do deserve to be burnt to the ground.

Like the EPF, all PTPTN borrowers should be listed in the system and an auto debit should be incurred based on bandwidth. If that student cannot 'afford' it then they should not take the loan. Then you will be debt-free. Simple.

The dumb commenters & columnists who don't see that the one at fault are the stupid defaulters in the 1st place. If you can't afford to study and don't want to be burdened by a loan then don't take it in the first place. The govt is giving a loan. Not a grant. Not a scholarship.

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