This petition was submitted during the 2019-2024 parliament
Rejected petition Do not lower the threshold at which student loans are repaid.
The government are considering lowering the threshold at which graduates begin to pay Student Loans, from £27,000 to £23,000. Do not do this.
More details
Decreasing the threshold will cost graduates an additional £400 a year. This comes at a time when house prices are already increasing faster than is possible to keep up with, and when a NI tax rise is going to hit working graduates for even more.
This will stifle social mobility further, and create further discontent in young voters. It is a punishment for not coming from wealth and it is discriminatory against those less well off.
Education is vital. Encourage it. Don't discourage it.
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.
You may wish to sign this petition which calls for the same action: https://petition.parliament.uk/petitions/597911
We only reject petitions that don’t meet the petition standards.