This petition was submitted during the 2015-2017 parliament
Petition Change the way student loan repayments include inflation from the RPI to the CPI
The Government should change the way the student loan repayments are adjusted to include inflation to use the CPI (consumer price index) as it is a more fair and stable way measuring price changes. Currently graduates are overpaying on their loans as the current method is using exaggerated figures.
More details
The RPI (retail price index) is an inaccurate way of measuring inflation and gives volatile figures which is why it it no longer used by most organisations and government bodies. It does not meet international statistical standards and the ONS no longer includes it as a national statistic.
This petition closed early because of a General Election Find out more on the Petitions Committee website
7 signatures
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10,000 signatures required to get a government response