Important:

This petition was submitted during the 2019-2024 parliament

Rejected petition Interest rates on student loans need to stop whilst coronavirus is occuring

To stop the interest rates that are occuring on loads while the coronavirus is effecting all previous students. Many are not at work right now. It is not ethical or justifiable to continue adding money to the loan each month.

More details

The interest rates will continue to add money to the loans that need to paid back. Those that are paying back the loan will have to watch hundreds of pounds being added whilst they are not working. I have spoken to student finance England and they can not do anything about this, they can only follow what the government states. Thus the government should stop the interest rates right now as this will effect all previous students.

This petition was rejected

Why was this petition rejected?

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.

https://petition.parliament.uk/petitions/308579

You can find out more about coronavirus and how you can protect yourself and others here:

NHS website: https://www.nhs.uk/conditions/coronavirus-covid-19/
UK Government website: https://www.gov.uk/coronavirus

You can read NHS tips to help if you are worried about coronavirus here: https://www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips

You may also be interested to know that because of the large number of petitions that have been started in relation to coronavirus, the Petitions Committee has been questioning the Government about its response to the coronavirus outbreak.

Find out more and watch the Committee put questions suggested by petitioners to Government Ministers and the Deputy Chief Medical Officer: https://committees.parliament.uk/committee/326/petitions-committee/news/145767/committee-question-deputy-chief-medical-officer-and-ministers-on-coronavirus-response/

Read letters asking further questions of Government Ministers: https://committees.parliament.uk/committee/326/petitions-committee/publications/3/correspondence/

We only reject petitions that don’t meet the petition standards.