Submitted on Wednesday 4th February 2026
Rejected on Tuesday 10th March 2026
Current status: Rejected
Rejection code: duplicate (see below for details)
Scrap interest on all student loan repayments
We are calling on the government to remove interest from student loan repayments. Graduates are charged interest of up to 3% above inflation, meaning they repay far more than borrowed. This creates a ‘graduate tax’, leaving many in debt for 30 yrs & making this far more expensive than original cost.
Student loan interest means graduates often repay far more than they originally borrowed. With interest charged at up to 3% above inflation (currently around 7% total), a typical 3-year degree costing ~£27,000 can grow to over £40,000 in real debt before repayment even begins. Many people remain in debt for 30 years despite regular payments. Removing interest would make repayments fairer and reduce long-term financial strain.
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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 the following petition, which calls for similar action:
Abolish interest charges on student loans
petition.parliament.uk/petitions/756832
216.73.217.50 Sun, 21 Jun 2026 02:54:37 +0100
