Submitted on Friday 9th September 2011
Rejected on Wednesday 21st June 2017
Current status: Rejected
Rejection code: duplicate (see below for details)
No penalty for paying student loans early
A proposal currently exists that would levy penalty fees on student loan repayees who opt to make additional early repayments. We the undersigned petition the government to reject this proposal. The proposal is made on the grounds that it levels the system by stopping those on high incomes paying early. We, however, believe it is a mechanism for profit by forcing repayees on all incomes to accrue interest for longer. Think-tank CentreForum has also made an announcement claiming that early payments are not even necessarily made by those on higher incomes, but by sensible people trying to simply reduce their debt burden.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
3.15.221.67 Fri, 26 Apr 2024 17:10:30 +0100
