Submitted by Jack Alby Gilford on Thursday 1st October 2020
Published on Thursday 29th October 2020
Current status: Open
Open until: Thursday 29th April 2021
Current Signatures: 13
(count is updated approximately hourly)
Reduce the percentage taken from income when paying off student debt to 5%
The Government takes 9% of graduate’s annual income to pay off student debt over a 30 year period. Due to COVID, the fee for university isn't justified and the percentage taken from student income should be reduced to a maximum of 5%.
The Pandemic has massively affected the economy. Finding a job before COVID was already difficult but now, businesses are closing and with redundancies becoming more frequent, the life of a university graduate has been made much harder. 83% of university students are predicted to not pay off their debt at the end of the 30 year period. With COVID, the number will increase. Graduates may struggle to survive because they will have little income for basic necessities such as food and shelter.
If you want to sign this petition (as opposed to merely discuss it), you need to do that on the government's e-Petitions website.
126.96.36.199 Thu, 21 Jan 2021 00:53:09 +0000