Ministers rubbish claims to re-impose the travel bans on PTPTN borrowers who can’t afford to repay student loans
Eager borrowers seem to forget their responsibilities and instead fuel their wanderlust within by saving money for travels, instead of paying their student loans.
In recent news, borrowers have been called out to commit themselves to paying back their loans. The government has given ample of notice and workarounds for the matter at hand.
PTPTN chairman Wan Saiful Wan Jan was reported earlier to have said that re-imposing the travel ban on errant borrowers was among the ideas received during PTPTN’s ongoing public engagement sessions.
However, Wan Saiful said Putrajaya would have the final say on whether to impose the ban, which he added was one of the most effective means of getting defaulters to service their loans.
Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail says restricting overseas travel against borrowers who fail to repay loans from the National Higher Education Fund Corporation (PTPTN) is not appropriate and should be reviewed.
She said the government has yet to make any decision on the matter and the proposed restriction should be reviewed.
“We haven’t made any decision. When did we discuss it? PTPTN has provided space and opportunities for the students to pursue higher studies but there are a handful who did not service their PTPTN study loans (after completing their studies)”.
Syed Saddiq Syed Abdul Rahman MP of Muar says he does not agree to blacklist National Higher Education Fund Corporation (PTPTN) loan defaulters.
“I disagree with the policy to blacklist those who took up PTPTN loans, who are unemployed graduates or who are not earning a decent salary,” he said.