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student loans to be repaid by 1% extra on income tax for that individual

Submitted on Thursday 8th September 2011

Published on Wednesday 14th September 2011

Current status: Closed

Closed: Friday 14th September 2012

Signatures: 1

Tagged with

income tax ~ Tax

Petition Action

student loans to be repaid by 1% extra on income tax for that individual

Additional Information

Currently student loans are only repaid once that individual earns more than £21,000 per annum. If an individual is clever enough to ensure thay never earn this amount then the student loan is added to the National Debt to be funded by the ordinary taxpayer. As an alternative, each student who has a loan should pay 1% extra in income tax regardless of incvome until this loan is paid off.


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