Submitted on Thursday 18th June 2020
Rejected on Thursday 3rd September 2020
Current status: Rejected
Rejection code: duplicate (see below for details)
Remove/reduce the interest rates of student debts.
UK student national debt is a crisis waiting to happen, with a current 2.3% interest rate per year for students under 47k, with this rising to 5.3% after 47k, this interest rate is nearly 5x greater than the prior to 2012 interest rates which where fixed at 1.1%, making this loan impossible to pay.
With this in mind, I would like the government to discuss the removal of these impossible student loan interest rates, removing the interest rate and thereby making people only pay back what they owe. With the addition of allowing communities of people such as the Muslim community have access to University who may have avoided the loans due to the interest rates and their beliefs.
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.
You may wish to sign some of these petitions:
Review and reform tuition fees and student loan interest and repayments: petition.parliament.uk/petitions/330325
Cut student loan's interest rate to properly reflect Bank of England's base rate: petition.parliament.uk/petitions/309558
18.116.35.163 Fri, 17 May 2024 22:01:10 +0100
