Submitted by Tallat Ghafoor on Monday 20th July 2020
Published on Thursday 30th July 2020
Current status: Closed
Closed: Saturday 30th January 2021
Signatures: 19
Relevant Departments
Tagged with
Education ~ Equal ~ Loan ~ plan ~ September ~ Tax ~ Universities ~ University
Increase the income threshold for people repaying student loans under Plan 1
All students should have the same income threshold irrespective of when they started university. Students on Plan 1 should start repaying at same earning limits as students on Plan 2.
I feel students who started an undergraduate course before 1 September 2012 are being treated unfairly.
Students on Plan 1 did not choose when to graduate from further education and start university, but have to start repaying their loan if they earn more than £1615 before tax.
Any students on Plan 2, who started after 1 September 2012, only need to start repaying when they earn above £2214 before tax.
These earning limits should be equal.
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