Submitted by Sophie Talib on Wednesday 22nd July 2020
Published on Wednesday 29th July 2020
Current status: Closed
Closed: Friday 29th January 2021
Signatures: 587
Waive the interest on student loans for NHS workers and students
It takes 5/6 years to train a doctor, with each year costing £9000. Interest is charged from the day you take out your loan in your first year of study, the final bill ever increasing, and unaffordable. Instead of clapping, the government should waiver the interest on student loans for NHS workers.
For 10 weeks we clapped at 8pm every Thursday to thank our NHS heroes, but actions speak louder than words.
Removing the interest on our student loans removes a huge burden on medical professionals and might even increase the numbers entering the (understaffed) profession especially from the working class.
Ultimately by the time we pay off our loan, we will be paying more than double the initial capital. For a cohort of people who dedicate their lives to caring for others, this is wrong.
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