Submitted on Friday 3rd April 2020
Rejected on Thursday 28th May 2020
Current status: Rejected
Rejection code: duplicate (see below for details)
Reduce student interest rates in line with the Bank of England’s rates.
Due to the Covid-19 crisis the interest rates on student loans, past and present, should but cut to be in line with the current Bank of England Interest rates. There has been very little help for students in regards to this crises and this is a way for the Government to provide support.
Present and past university students who are accruing costs on student loans have received little or no help during the Covid-19 crisis despite being impacted financially. With no help in regards to university fee’s or cost in unused rental accommodation this is one way the Government can support its students. In addition to this with the economy struggling job prospects for those graduating this year are uncertain. Students are needing support and the Government needs to take action to help.
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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.
You may wish to sign this petition calling for the same action: petition.parliament.uk/petitions/308579
You can find out more about coronavirus and how you can protect yourself and others here:
www.gov.uk/coronavirus
www.nhs.uk/conditions/coronavirus-covid-19/
The Government has also created an online service to help you out what you can do if you’re struggling because of coronavirus: www.gov.uk/find-coronavirus-support
You can read NHS tips to help if you are worried about coronavirus here: www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips
You can read impartial analysis of the Government response to coronavirus and policy developments here: commonslibrary.parliament.uk/coronavirus/
You may also be interested to know that because of the large number of petitions that have been started in relation to coronavirus, the Petitions Committee has been questioning the Government about its response to the coronavirus outbreak.
Find out more: committees.parliament.uk/work/192/the-governments-response-to-coronavirus/
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