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Reduce student loan debt and interest to mitigate the impact of Covid-19

Submitted by Olasubomi Iginla Aina MBE. on Monday 12th April 2021

Published on Monday 19th April 2021

Current status: Closed

Closed: Tuesday 19th October 2021

Signatures: 173

Relevant Departments

Tagged with

2020 ~ 2021 ~ Anxiety ~ BBC ~ Covid ~ Covid-19 ~ Devastating ~ Economy ~ Education ~ IMPACT ~ Loan ~ March ~ March 2020 ~ Mirror ~ Money ~ News ~ Pandemic ~ Press ~ Scrap ~ Scrap interest ~ Scraps ~ September ~ student loans ~ UK ~ Universities ~ VICE

Petition Action

Reduce student loan debt and interest to mitigate the impact of Covid-19

Petition Details

1. Reduce all existing student loan debt by 20% and
2. Charge 0% interest from March 2020 till September 2021 period.

Additional Information

Due to the devastating impact of the covid-19 on the economy. This is to help reduce fear and anxiety especially within the young population of the UK.

Survey of students & graduates: 27% change career plans, 37% No longer knows what to do due to the pandemic: https://www.prospects.ac.uk/prospects-press-office/27-percent-of-students-and-graduates-change-career-plans-due-to-covid-19

Scrap interest on student loans says vice-chancellors: https://www.bbc.co.uk/news/education-55895334

Vice-chancellors said students are amongst worst hit by the pandemic: https://www.mirror.co.uk/money/universities-call-interest-student-loans-23430291


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