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Ensure ALL students with student loans NEVER pay back more than they borrowed

Submitted by Tracy Bowdidge on Monday 10th October 2022

Published on Thursday 13th October 2022

Current status: Open

Open until: Thursday 13th April 2023

Current Signatures: 480
(count is updated approximately hourly)

Relevant Departments

Tagged with

Build ~ Debt ~ Ensure ~ Government ~ Money ~ mortgages ~ plan ~ Ratings ~ student loans ~ The Government ~ VAST

Petition Action

Ensure ALL students with student loans NEVER pay back more than they borrowed

Petition Details

Ensure ALL students never pay back more than they borrowed in student loans. The interest rate is currently 6.3% for plan 2 students, higher than a typical mortgage, so many students are accumulating huge debts. Once a student has repaid the amount they originally borrowed repayments should stop.

Additional Information

The Government should not be making large sums of money out of students trying to build a better life. Students who took out student lives do not need to start their young lives with vast amounts of debt. Total repayments should be capped at what was borrowed originally.


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.

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at petition.parliament.uk

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