While the RM6 billion PTPTN loan might seem significant, it represents an investment in education, directly benefiting individuals and the nation's long-term economic prospects. Educating the youth enhances their earning potential, enabling them to contribute back to society through taxes, innovation, and entrepreneurship. This expenditure should be viewed as an essential element for the future, rather than a burden.
In contrast, the annual budget for JAKIM has consistently exceeded RM1 billion, with much of its spending on non-economic activities such as religious education, administration, and overseas missions. While these have societal roles, they do not contribute as tangibly to economic growth or social mobility as education. Moreover, reports of thousands of government officers travelling abroad on public funding for questionable or vague purposes add to the notion of misaligned priorities. Many of these trips do not yield significant, measurable benefits for the Malaysian public.
Furthermore, the contrast becomes clearer when we consider that the funds allocated to education loans are often repaid by students. PTPTN is a revolving fund, meaning that the repayment by graduates allows future students to access the same resources. In contrast, funds spent on government departments or international travel are expenditures that do not directly cycle back into public benefit or are often not scrutinized for their effectiveness in improving governance or economic conditions.
Thus, compared to other significant public expenditures, the RM6 billion PTPTN loan is an essential investment in Malaysia’s future, whereas spending on administrative agencies and overseas travel may not offer the same return on investment or long-term societal gains.
Unlike moral policing, educating the youth enhances their earning potential, enabling them to contribute back to society through taxes, innovation, and entrepreneurship.
Every nation needs a future......While the RM6 billion PTPTN loan might seem significant, it represents an investment in education, directly benefiting individuals and the nation's long-term economic prospects.....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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While the RM6 billion PTPTN loan might seem significant, it represents an investment in education, directly benefiting individuals and the nation's long-term economic prospects. Educating the youth enhances their earning potential, enabling them to contribute back to society through taxes, innovation, and entrepreneurship. This expenditure should be viewed as an essential element for the future, rather than a burden. In contrast, the annual budget for JAKIM has consistently exceeded RM1 billion, with much of its spending on non-economic activities such as religious education, administration, and overseas missions. While these have societal roles, they do not contribute as tangibly to economic growth or social mobility as education. Moreover, reports of thousands of government officers travelling abroad on public funding for questionable or vague purposes add to the notion of misaligned priorities. Many of these trips do not yield significant, measurable benefits for the Malaysian public. Furthermore, the contrast becomes clearer when we consider that the funds allocated to education loans are often repaid by students. PTPTN is a revolving fund, meaning that the repayment by graduates allows future students to access the same resources. In contrast, funds spent on government departments or international travel are expenditures that do not directly cycle back into public benefit or are often not scrutinized for their effectiveness in improving governance or economic conditions. Thus, compared to other significant public expenditures, the RM6 billion PTPTN loan is an essential investment in Malaysia’s future, whereas spending on administrative agencies and overseas travel may not offer the same return on investment or long-term societal gains.