PETALING JAYA: Pay back your National Higher Education Fund Corporation (PTPTN) loans because a debt is a debt, according to feedback.Copywriter Myra Tan Lee Lee, 27, said the PTPTN already emphasised many times that borrowers could discuss with them to pay back as little as RM50 a month.
She said the Income Contingent Loan Repayment system, a method used in Australia, Hungary and Thailand, should be implemented locally.
On Thursday, PTPTN deputy chief executive Mastura Mohd Khalid said the repayment on the principal alone ranged from RM3bil to RM6bil a year, while the interest borne by the government was more than RM1.7bil a year. A loan borrower who wanted to be known as Natasha Nair, 27, said borrowers should be more considerate and think of how defaulting on their loan would affect future borrowers.
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