Malaysia

Abolishing PTPTN no-go, grads should only pay when wages decent: Muda

This was first mooted during Pakatan Harapan’s time in govt

Updated 4 years ago · Published on 13 Feb 2022 11:30AM

Abolishing PTPTN no-go, grads should only pay when wages decent: Muda
Syed Saddiq Syed Abdul Rahman says that a discussed Malaysia Kerja programme, valued at RM6.5 billion to create 350,000 quality jobs for youth, is the answer to PTPTN.  – The Vibes file pic, February 13, 2022

by Arjun Mohanakrishnan

KUALA LUMPUR – Abolishing the National Higher Education Fund Corporation (PTPTN) is impossible since its debt stands at least RM40 billion, but Muda has proposed a two-pronged approach that will benefit fresh graduates and the fund itself.

Party chief Syed Saddiq Syed Abdul Rahman said one of the approaches is a phased payment system, in which PTPTN repayment starts when a graduate earns a decent wage.

He added that this was suggested during Pakatan Harapan’s time in government. 

“When the borrower’s monthly salary is at RM2,000, he or she pays a small percentage of the PTPTN repayment. When one’s income reaches RM4,000, they can pay the full monthly repayment.”

He added that this proposal was passed by the PH cabinet and an announcement by Prime Minister Tun Dr Mahathir Mohamad was planned during the first Covid-19 stimulus package. 

However, Dr Mahathir could not unveil the PTPTN plan when he became the interim prime minister as it required a large allocation. 

“My stance is that instead of only looking at the debt only, we must look at wages for graduates as well. 

“After Undi18, there were discussions for a Malaysia Kerja programme valued at RM6.5 billion to create 350,000 quality jobs for youth. This is the answer to PTPTN,” said Syed Saddiq. 

He added that youth unemployment is currently at 12.7%, with the brunt of it affecting the Indian community.

“We want employers who give jobs to youth that have been unable to find work despite trying for at least a year. If the employers give them work, the government will subsidise RM500 a month for a period of two years.”

Syed Saddiq was at a Muda Mendengar (Muda Listens) programme yesterday at Taman Eco Arcadia here.

Also in attendance were Muda secretary-general Amira Aisya, CEC chairman Lim Wei Jiet, DAP political education director Liew Chin Tong, and Kota Iskandar assemblyman Dzulkefly Ahmad. 

Lim Wei Jiet (centre) suggests that it is high time that laws be used to prevent racist commercial advertisements. – @limweijiet Twitter pic, February 13, 2022
Lim Wei Jiet (centre) suggests that it is high time that laws be used to prevent racist commercial advertisements. – @limweijiet Twitter pic, February 13, 2022

Time to use the law against racist job, rental ads

Meanwhile, Lim suggested that it is high time that laws be used to prevent racist commercial advertisements.

He said commercial organisations and landlords should be penalised for saying they prefer a certain race in their advertisements.

He also acknowledged that some job advertisements have veiled discriminatory requirements.

“Sometimes they say they prefer a certain language in the job description, and that is a mask for discrimination.

“I think the law must also recognise that some jobs or industries do legitimately require language requirements, for example, if the company deals with counterparts in China.

“But generally, there is a need to legally prevent this discrimination.” – The Vibes, February 13, 2022

Related News

Malaysia / 1w

Bersatu, Muda leaders hold talks amid uncertainty over PN

Malaysia / 2mth

Umno’s strategic masterstroke in Johor

Malaysia / 2mth

Johor PRN: No PN, Muda or Bersama candidate leading in any DUN

Malaysia / 2mth

Leaders cast votes early, voter turnout about 8 per cent

Malaysia / 7mth

Kluang MUDA chief resigns, brings 100 members to join UMNO

Malaysia / 7mth

AGC withdraws bid to review ruling on peaceful assembly notice

Spotlight

Malaysia

Jokes that hit below the belt: In the race for Malay votes, how far is UMNO willing to go?

By The Vibes Says

Malaysia

UMNO man says he’s prepared to apologise over ‘joke’

Malaysia

Loke proposes PH presidential council meet on ‘latest political developments’

Malaysia

Sabah leaders condemn priest and nun joke at UMNO PAU

Malaysia

DKU affirms that Tuanku Muhriz is the Yang di-Pertuan Besar of Negeri Sembilan

Business

Budget 2027 nears final stage with high-impact sectors in focus

Health

Respiratory disease ranks among Malaysia’s top three health burdens

Malaysia

High Court acquits student in Bandar Utama murder case on schizophrenia finding

Malaysia

PAS rejects UMNO call to test political ties through SG4 polls

You may be interested

Malaysia

MOF: Nation recovers RM31.3b from 1MDB but still faces RM20b loss

Malaysia

Jokes that hit below the belt: In the race for Malay votes, how far is UMNO willing to go?

By The Vibes Says

Malaysia

Sabah leaders condemn priest and nun joke at UMNO PAU

Malaysia

Jamil Khir says RM860M Tabung Haji deal was to lock in hotel rates

Malaysia

Anwar receives warm welcome from India’s Grand Mufti at Jamia Markaz

Malaysia

FDS crash victims’ remains return home for burial

Malaysia

Anwar receives inaugural Sheikh Abu Bakar foundation excellence award

Malaysia

MOH turns to four agencies to keep healthcare services running in Sarawak interior

By Alfian Z.M. Tahir