RECENTLY, Top Minister Tun Dr Mahathir Mohamad expressed his unhappiness over the non-payment of the Nationwide Upper Instructional Fund (PTPTN) loans, mentioning that the defaulters have been destructive their very own recognition and their neighborhood’s as neatly.
He additionally identified that there have been defaulters who refused to pay off their loans despite the fact that they have been ready to take action. In consequence, there’s lately RM36bil in unpaid PTPTN loans.
The problem of unpaid PTPTN loans has develop into such crucial a part of the rustic’s nationwide considerations that it’s even getting used for political acquire, as came about within the final basic election the place one of the most guarantees presented in alternate for votes was once the deferment of bills for a undeniable time frame. For sure, present trends have left a bitter style within the mouths of those that have not begun to settle their loans.
Sooner than the issue turns into worse, the Election Offences Act 1954 (Act 5) will have to be amended to incorporate a clause that prohibits any flesh presser or political celebration from the use of schooling loans of their political campaigns sooner or later. A heavy penalty will have to be imposed on any flesh presser or political celebration that also makes use of schooling loans of their marketing campaign to win votes.
Politicians will have to no longer make any guarantees on this regard in the event that they in point of fact maintain the way forward for our younger individuals who want to learn from an early age to be financially accountable.
All politicians have an ethical responsibility to show the younger to price the schooling loans which they’ve gained.
DR MUZAFFAR SYAH MALLOW
College of Syariah & Legislation
Universiti Sains Islam Malaysia