This petition was submitted during the 2015-2017 parliament
Rejected petition Link student interest increases to the repayment threshold.
We call for Student loans sudent loans back to how they should have been with the £21000 repayment threshold linked to the increase in inflation in line with the interest rate.
More details
With sky high interest rates exceeding some private borrowing methods, due to a masive increase in inflation, student loans still need to be a good deal for students. The repayment cap was ment to rise in relation to this but it has been frozen unfairly at £21000.
This petition was rejected
Why was this petition rejected?
It’s not clear what the petition is asking the UK Government or Parliament to do.
If you are concerned about interest on student loans, you might like to sign this petition instead:
https://petition.parliament.uk/petitions/195013
We only reject petitions that don’t meet the petition standards.