Early repayment fees for Student Loans

The coalition government is considering options to charge early repayment fees for students who wish to free themselves of student debt early. This is compounded further by astronomical increases in tuition fees in recent years (and therefore increased student borrowing).

The rationale here is that only those that are wealthier, have the capacity to repay early, and should pay for the privilege.

Currently, interest rates on student loans are linked RPI (or RPI+3% for higher earners) and this is not helpful either.

We are not wealthy graduates. If we were, we would not have needed a student loan in the first place. We are the hard working citizens of this nation who are trying to free ourselves from the misery of debt.

We urge the government not to entertain any discussions regarding early repayment fees for student borrowing.

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

Do you support or oppose this petition?

comments powered by Disqus



Currently ranked 18,761 out of 107,810 petitions ever created.

Diversity index: 100%



Created By

Waqas Ahmed

Created On

Friday 9 September 2011

Closing Date

Monday 12 March 2012

Tagged With