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Stop the Interest Rate Increase on Student Loans

Submitted on Friday 14th June 2013

Rejected on Wednesday 21st June 2017

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Stop the Interest Rate Increase on Student Loans

Additional Information

Anyone with loans after 2012, has a fixed 3% rate. Loans prior to that, the government can change as they wish, including sell the loans on to other companies, who would increase the interest rate to make more money.

Vote to not lift the cap of 25 years from student loans repayment, and to not increase the interest rates of what students have to pay back.

Anyone earning £25,000 or less, would be paying the students loans and interest off until they die.

Stop trying to sell the student loans elsewhere, and deal with the supposed loss of up to £35bn. And take what was originally contracted and signed for.


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This petition was rejected

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.

Have your say on this petition!

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