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Do not write off Student Loans after 30 years.

Submitted on Wednesday 31st August 2011

Published on Friday 2nd September 2011

Current status: Closed

Closed: Sunday 2nd September 2012

Signatures: 5

Tagged with

Economy

Petition Action

Do not write off Student Loans after 30 years.

Additional Information

It is unfair to expose taxpayers to the unknown financial commitment of writing off student loans in 30 years time. We do not know what the state of the economy will be in 30 years' time and we may be giving the taxpayers of that time an unbearable burden. The politicians of today who have made that
promise will not be around in many decades time to deliver that promise. Simply, promises of this kind should not be made. Students should be told they will have to pay back their loans in full no matter how long it takes. It should be up to the politicians who will be in power in many decades time to decide if student loans should be written off.


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