Is PTPTN out of the woods yet?

My former senior colleague, Mr. Yeap Boo Yam, formerly the Chief Editor of the online news portal, theantdaily.com had kindly invited me to contribute one article to the relatively new publication, The Selangor Journal recently. Mainstream press missed the forest for the tree The topic of my article was a commentary on the performance of the National Higher Education Fund Corporation (PTPTN) where I noted this was glaringly missing from all mainstream reports when figures on PTPTN were released. Everyone[…]

Rank universities by PTPTN default rate of their graduates

PTPTN should only give out loans to people who have the best chances of repaying and minimise its exposure to those with a high chance of default. Ranking of colleges by the rate of loan defaults by their graduates will allow PTPTN to be more equitable in distributing student loans.

Vocational education: The stepchild of Malaysian education system?

If we are serious about uplifting the overall skill-sets of Malaysians, we cannot afford to go on treating the vocational education sector as the stepchild.

Lock in your tax benefit from SSPN-i saving NOW!

Hands up, if you have heard of SSPN-i?… Hands up, if you have heard of PTPTN?… My guess is, if you are a Malaysian living in the homeland, I would be surprised if you do not know what PTPTN is. Perbadaan Tabung Pendidikan Nasional (PTPTN or National Higher Education Fund Corporation) is the body that Malaysian students studying in accredited tertiary institutions apply for funding for their studies. One cannot help but notice news about PTPTN due to its defaulters[…]

If I score 10 ‘A’s does any one owe me a scholarship?

A student from a remote village in Sabah who did not have the means to attend private tuition classes for key subjects may scores “only” 5 “A+”s compared to a student from Subang Jaya who attended private tuition classes for these subjects who scored 8 “A+”s. As an educationist, I will put my money on the Sabahan student being academically a better student compared to the student from Subang Jaya. Further, because the Sabahan student could thrive without the benefits of tuition classes, I will opine that the chances of this student faltering at university-level studies will be much lower than his/her Subang Jaya counterpart. However by evaluating students based initially on just the number of “A”s scored the odd is stacked heavily against the Sabahan student.

Will Corinthian Colleges’s kind of education meltdown happen in Malaysia?

The final nails are being hammered into the coffin of Corinthian Colleges, once one of the largest for-profit education groups in the USA. The impact of this private higher education meltdown is far and wide. Many of its remaining 16,000 students are left out in the cold, most are shouldering huge personal / education debts with bleak future. Many of Corinthian’s problems that led to its downfall are related to inappropriate management of state-funded education loans to students and over promise of job prospects[…]

Punishing new student loan borrowers for the sins of their predecessors

Punishing new borrowers for the “sins” committed by their predecessors is akin to punishing a child for the crime committed by his father….unfortunately that’s what PTPTN is doing to new student loan borrowers.

Comparing Malaysia’s student loan crisis with that of the USA

Malaysia has its own version of student loan crisis. This article gives an in-depth analysis of the crisis, identifies great gaps in data & compares Malaysia’s case with that of the USA.

Contagion effects of for-profit colleges woes?

On the day that Americans celebrated the country’s independence day, The Huffington Post reported that one of the largest for-profit college groups in the USA, Corinthian Colleges was heading for disaster. The crux of the matter was due to Corinthian’s over reliant on federal government-backed study loans to the bulk of its 72,000 student loan which was effectively pulled back by the authority. For 2013 Corinthian had a revenue of US$1.6 billion, US$1.4 billion of which was attributed to federal government-backed study[…]