I’ll get straight to the point – I cannot possibly support the movement to abolish PTPTN.
The reason is simple enough, nobody forced these people to take a low interest rate education loan. Seriously. I feel that these people are a bunch of losers who are just trying to get out of their obligations to repay the loan. What’s worse is that if they had bothered to study hard and do well, they would have been given a free pass anyway.
So, these are a bunch of students who are unwilling to work for their studies and who want to get away with a free lunch. It just sickens me.
They are a bunch of selfish bozos who would rather saddle the rest of the country with more debt than to actually do the honourable thing and to repay their own debt. I personally know of many PTPTN receipients who have still not paid a sen of their debts even after working for many years. I try to counsel them to do so but they don’t feel the necessity to.
However, I made sure that my staff did not fall into this category. I made it very clear to them that they have to repay their PTPTN loans. I pay them well enough that they have no excuse not to repay the loan. It is a sad reflection on the character of a person if they do not repay their debts. I would not want to hire such people.
I too, am currently repaying my student loan. Incidentally, it’s about an order of magnitude more than the typical PTPTN loan. While it is extremely painful and stressful to pay it off, I am meeting my obligations on time and making damn well sure that I do not fall behind. It gets difficult at times but I am not going to owe anyone anything in life.
As for the argument for a free education, there is no such thing. Someone needs to pay for it. The argument that tertiary education needs to be free is hard to justify. Everyone already has free education up to the secondary level, which is more than enough to find work and live in this world. Nobody owes anyone advanced education.
If we make education free, someone still has to pay for it – the taxpayer.
I can support it if these students were fighting for better education e.g. better curriculum, better faculty, better experiences, etc. That would make perfect sense as they are merely demanding for better value for money – not to get free of their obligations. However, this is something that sickens me.
Our young are fast becoming too entitled – they feel that the world owes them a living. The fact is that, nobody does. The sooner they understand that, the sooner they will learn to work for things. A good life doesn’t come cheap and most definitely not without sacrifice.