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

Anwar cementing full term for the Madani government

Malaysia / 2w

Bersatu, Muda sign CSA with Madani govt to back Budget 2027

Education / 2w

Mechanism to defer repayments for PTPTN borrowers earning below RM2,500 being refined

Malaysia / 2w

Budget 2027 eases PTPTN burden for lower-income graduates

Malaysia / 1mth

Eligibility for PTPTN repayment deferment to be verified with LHDN

Malaysia / 1mth

Malaysia’s 2027 Budget is a steady one: people-oriented continuity rather than bold reform

Spotlight

Malaysia

Eight homes evacuated after recurring landslides raise safety fears in Shah Alam

Malaysia

Najib’s pension suspended, Saifuddin confirms

By Alfian Z.M. Tahir

Malaysia

Melaka PRN: PH to abolish seven appointed state assembly positions

Malaysia

Naked body of woman found floating in river

Malaysia

Dzulkefly praises HKL’s success in reattaching police officer’s hand

Malaysia

Four homes remain unsafe as Penang landslide stabilisation takes up to five months

Malaysia

1MDB allowed to admit affidavit of Rosmah’s shopping partner in its case

Malaysia

Najib faces four conditions under house arrest, including restrictions on movement and visitors

By Alfian Z.M. Tahir

You may be interested

Malaysia

Police probe case of man hanging cat from window of 4WD

Malaysia

Anwar calls for deeper Malaysia-China cooperation beyond trade and investment

Malaysia

Anwar seeks fresh talks with Loke over resignation, says clean ministers should stay

Malaysia

Tabung Haji investment losses estimated at RM2.8b with total exposure reaching RM13b

Malaysia

Immigration raids net 171 foreigners, expose use of business premises as migrant hideouts

Malaysia

Naked body of woman found floating in river

Malaysia

Wisma Putra prepares evacuation plans for citizens amid Houthi attacks

Malaysia

Interests of Penang and Perak protected under water agreement, says Exco member

By Ian McIntyre