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Write off the grossly mis-sold student loans.

Submitted on Wednesday 28th February 2018

Rejected on Tuesday 6th March 2018

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Write off the grossly mis-sold student loans.

Petition Details

Most students are sold a loan between ages of 18-23; an age at which financial know how is an alien concept to most.When the loan is sold there is minimum information provided for the student to make an informed choice.
There has been a serious breach of duty of care by the Government.

Additional Information

Personally the first statement I received about this loan was after I finished my 4 year degree.Not a single statement sent in 4 years to make me aware that how much debt I am in, and it is not just me every student I have spoken to has confirmed the same.

Article from Guardian
https://www.theguardian.com/money/2016/jun/04/student-loans-really-were-mis-sold.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

We're not sure whether you'd like the UK Government to write off all student loans, or only some loans. You could start a new petition explaining clearly what you would like the Government or Parliament to do.

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