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Cap student loan interest rates at a fair and affordable level

Submitted on Thursday 15th January 2026

Rejected on Thursday 12th February 2026

Current status: Rejected

Rejection code: no-action (see below for details)

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Petition Action

Cap student loan interest rates at a fair and affordable level

Petition Details

Reduce or cap interest rates on UK student loans so that repayments are fair, affordable, and allow graduates to meaningfully reduce their debt.

Additional Information

UK student loan interest rates significantly exceed inflation and continue to grow even when graduates earn modest incomes. As a result, many borrowers see their debt increase despite making regular repayments. We believe the current system discourages social mobility, places long-term financial strain on graduates, and disproportionately affects lower and middle earners. The Government should reduce, cap, or reform student loan interest rates so that repayments genuinely reduce debt.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

Petitions need to make a clear ask of the Government or Parliament.

We are not clear if you are asking for a reduction, cap, or reform of student loan interest rates. You can submit a petition setting out more clearly what action you are calling for.

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