Loans and Repayment... Owed and Paying

Note: something to ponder when you are still a student or to someone who is yet paying it.

You know yourself that being a student can be sometime very difficult especially when it comes to money. Parents cannot afford all the luxury that you always wanted while in the university. Although you may try to scrimp and saved for every month so you can use your money to either buy books or stationeries for your assignments yet it is still not enough.


Student life in my time was a bit tough though i am still lucky enough to have my Kriss II modenas to move around freely. However, money was limited and need to save for every end of the month.


However, with the goverment help today, student's life is a little bit assisted and financial are not as tight as relying solely on their parents. Getting loan is one of the most happiest thing for every student. The loan i specifically mentioned here is the PTPTN. To some who pay full loan will be happy that they won't have to burden their family.


They can eat and study with their mind free from burden. Throughout their number of years of studies towards graduation, they are supported by PTPTN's funding. Even though sometimes the loan may come in late but still it will reach into their account to pay off their tuition fees, rent and basic necessities.

Although PTPTN is seen as a very goodwill and good thing to assist needy students but does all students repay back PTPTN?


Well, students should pay back because it is goverment money. Though one may argue those money are from the hard earned citizen like my Pa, my Ma, your Pa and your Ma. Unfortunately, that is not the case. If we see it on the overall picture we can actually re-cycle the whole fund that has been borrowed to previous loaners who repay PTPTN back. Therefore, it falls on to the shoulders of graduated students to repay back PTPTN. Paying back PTPTN not only does it help PTPTN to finance its new loaners but it also help PTPTN to reduce borrowing from other organizations to support its continual loaning services to new students.


After all, when you borrow you should repay. Yes, i am still repaying my loans and still got many moons to go before i am free from my government debt. It can be a heartache when you start repaying but its is still a responsibility. Over the years when you progress in your career and pay advancement I am sure the PTPTN repayment will be one small portion in your monthly bill payment. Unless you got other commitments then you will need to reevaluate your budget. Imagine, if PTPTN were to act like an Ah Long (Which they won't) come to your door and spray red paint demanding you to pay. Then it will look like this on your door step.

An Ah Long in action demanding payment

from my neighbor and it reads,

"Ah Lim, big con man, talk not honor, owed me money and not pay"

This picture was taken on several weeks ago when my opposite apartment neighbor had to fled an Ah Long who came that night to shift out all of his furnitures. This message was scribble across his apartment wall. It still can be seen until now.


But because PTPTN was setup to help needy students to get through their education by offering them a loan therefore being part of the society students should repay PTPTN's loan. And they tried to be lenient with the repayment but there are some who abused the system. Just imagine you had been hard on repaying your PTPTN and someone is not paying it.

For me, i will continue on paying my loans to PTPTN until I am release from it. Yes, getting the loan to study was easy and had helped me a lot but still it is a debt that has to be repay!

is sky the limit... students should pay... it's a debt...