Lowyat.NET: Latest topics by AtenJieha

Tenant Rights

AtenJieha — Fri, 19 Apr 2024 20:15:42 +0800

Hello! I am currently looking for house to rent in Malaysia. A few of those I contacted told me that If I rent here, I am responsible for recruiting the next tenant when my contract ends. Which I found weird since if I fulfilled my lease already, I have done my part.

And, isn't securing the rental income the host job for their own sake? Is it normal and legal in Malaysia to charge tenants + hold their deposit hostage over inability to secure the next tenants?

PTPTN, MARA, JPA and Education Loans

AtenJieha — Sun, 17 Mar 2024 17:45:36 +0800

Malaysian Sentiment Towards Education Loan

It is known that around 50% of Malaysian students today had taken Education Loans such as PTPTN, MARA and recently, JPA too in order to finance their studies.

This scenario highlights a concerning pattern in the realm of higher education, where students not only graduate with diplomas or degrees in their respective fields but also carry varying levels of debt. The prevalence of student debts appears to have become a commonplace aspect of our college experience.

The gravity of graduates facing indebtedness intensifies when a considerable number of young professionals encounter challenges in repaying not only their educational loans but also other debts accrued since entering the workforce, as in the case of PTPTN 51% of loan holders had defaulted.

My name is Fatin Najihah and I am a final year student who is doing her Final Year Project. And, as a soon-to-owner of RM400,000 education debt, I am very interested in :
- how education loans impacted debt holders in their employment decisions
- how does the payment impact the financial decisions and mental health of all debt holders
- what are education loan holders sentiment towards repayment

I believe it is important that we evaluate the financial, economical and mental health impact of these new trend of indebtedness on our future generation. Can you spare 7-10 mins for a questionnaire? It is available in both English and Bahasa Melayu. I am not sure how to verify link here, so to answer the survey just add https:// to this tripetto.app/run/SZ1ZCI1Z84 (Currently 70 respondents away from paper requirements, would appreciate if you can share to others in your family or friends)

Some information discovered during my prior research:
- In the OECD 2020 Finacial Literacy Assessment, Malaysian scores 59.7 in Financial Literacy Score that is assessed on three aspects, financial knowledge, financial behavior and financial attitude. On this, Malaysia scored lower than the average financial literacy score (60.5). Among the 3 segments, Malaysians only scores above average in financial behavior , second only after Indonesia at 68.1 and 69.7 respectively. With the exception of Malta, among the participating countries, Malaysian also scored the lowest in financial knowledge.
- Through a survey done in 2019 by PTPTN, their repayment situation was at 51% defaulters.
- 61.2% of our youth graduates (age less than 25) falls under skill-related underemployment. As in, they are overqualified for their role. This highlights the lack of high skilled jobs to accommodate our number of graduates. (2022 DOSM data)

This begs the question, is higher education worth the cost (financial, future and health) incurred from the debt ? Hence the objective of this research. If you had taken tertiary education before, this survey is applicable for you. Would appreciate if you can help fill it in and share with family members or friends please.

https://tripetto.app/run/SZ1ZCI1Z84

PTPTN, MARA, JPA and Education Loans

AtenJieha — Sun, 17 Mar 2024 00:47:16 +0800

JPA Scholarship for Social Science in France?

AtenJieha — Wed, 08 May 2019 09:24:09 +0800

I had received an offer and had been googling for info and blogs about it. But, there had been little to be said other than the pre-u will be held in UniKL MFI. Thus if anyone can help me clear up some questions, I will be grateful.

1. According to the MFI website, there are two foundation for French Universities.
- Pre France JPA/MARA for engineering studies
- Political Sciences and business management
I wonder which of these two I will be joining because I doubt its the first option because my program is social science instead of engineering. While the second one have no mention of JPA in its description.

2. What will I be learning in MFI? What are the preparations I can do initially? I read somewhere that reading up Asia's countries's histories will help. Really?

3. The offer letter stated that the pre-u will be a 13 months program. Is it true? Since my friends who got JPA offers for Korea and German stated that theirs are 20-22 months long.

4. What are the France universities that we can join under this program?

5. If u are a previous recipient of this scholarship, is it possible for you to share your contact info with me?

Thanks in advance!!