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Abort the Treasury's plan to decrease the student loan repayment threshold

Submitted on Monday 27th September 2021

Rejected on Thursday 30th September 2021

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Abort the Treasury's plan to decrease the student loan repayment threshold

Petition Details

Currently graduates start to pay back student loans when their salary hits £27,295. However, the government wishes to decrease the threshold in a bid to save money. We are calling upon the government to scrap any plans it has to decrease the threshold.

Additional Information

Young people will not only bear a disproportionate burden, inflicted by the government's plan to increase national insurance. But, if current speculation is true, the plan to decrease the student loan repayment threshold will impose a greater financial burden upon young people. Living costs continue to rise, and disposable income continues to fall.
Ultimately, the decision to proceed with this plan will only harm the ability of young people to contribute to the UK's post-COVID recovery.


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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.

You may wish to sign this petition calling for the same action:

Do not reduce earnings threshold for student loan repayments!:
petition.parliament.uk/petitions/597911

Have your say on this petition!

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