Sunday, December 30, 2018

PTPTN issue doesn't resonate with a lot of people



Pakatan Harapan has had to back down (or delay) from fulfilling its promises on several items in its manifesto.

Some unfulfilled promises may make people really angry. The one about PTPTN is not one of them. The only people angry about this are the PTPTN borrowers who chose not to pay back their loans.

It's hard for the average working stiff, struggling to make ends meet, to empathize with people who don't pay back what they owe.

For most of us, if you borrow money (to buy a house, to buy a car, to pursue further education), you have to pay it back. You can't just say, "Nope, I don't want to pay".

Yet so many PTPTN borrowers say just that, which is why it has over RM40 billion in liabilities. That's not millions, mind you but billions. It's mind-blowing to think about how many people must have decided simply not to pay back their loans.

Don't expect common folks to sympathize or empathize with deadbeat loan borrowers. You borrow the money, you pay it back. Simple as that.

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