Share

Campaign to freeze interest on student loans until graduation

***What's the problem?***

Did you know that students pay interest on their student loan from the moment they receive their first loan payment?

This means that the amount the student owes gets bigger day by day, month by month, despite the fact that they have no full time job, and no way of paying off the interest.

We think this policy is unfair and weighted against even the most cautious young borrower.

***What action would we like to see?***

We think the government should freeze all interest on student loans until the point at which the student leaves university.

The interest should only start to accrue once they graduate, and have a fighting chance of paying it off.

You can't sign this petition because it has now closed. But you can still give your opinion on it here at Repetition.me!
0

Do you support or oppose this petition?


comments powered by Disqus

Signatories

28

Currently ranked 14,435 out of 105,596 petitions ever created.

Diversity index: 100%

Status

Closed

Created By

Jennifer Coles

Created On

Monday 22 August 2011

Closing Date

Thursday 24 November 2011

Tagged With