Submitted by Joseph Samuel Goaman on Sunday 23rd July 2023
Published on Friday 28th July 2023
Current status: Closed
Closed: Sunday 28th January 2024
Signatures: 17
Relevant Departments
Do not introduce the Plan 5 student loan repayment plan from August 2023
I believe that the new Plan 5 repayment system is greatly unfair and off-putting for new university students. Students should not have to repay the loan at a lower threshold. Maintaining the Plan 2 repayment threshold would allow graduates to more financially secure.
I believe this new repayment plan greatly jeopardises the future of students who choose to attend university, and could put many off from going to university. I strongly recommend the Government abandon this reform, and keeps the current repayment system, which I believe is fairer.
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