This petition was submitted during the 2017-2019 parliament

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Petition Increase the student loan repayment threshold for all graduates (Type 1 Loan)

Type 2 (Post sep 2012 students) student loans have recently had a threshold increase to £25000. Now pre Sep 2012 starters pay 9% contributions on every single penny above £17,775. If a grad from 2014 and 15 both earned 25k. Then the grad from 2014 would earn (Gross) £650.25 less than the 2015 grad.

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This could be the difference between being approved for a mortgage or refused.

Considering only the top 23% of graduates pay their loans back within 30 years. We want the government to help all graduates and make the threshold for all student loans the same.

It could be suggested its just another kick in the teeth for millennials who were born a decade late for affordable housing.

https://www.moneysavingexpert.com/news/family/2017/10/victory-for-graduates-student-loan-repayment-threshold

This petition is closed This petition ran for 6 months

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MPs investigate student loans

A cross-party group of MPs called the Treasury Committee are investigating student loans.

They are looking at recent changes to the student loan system including: 

• the repayment threshold
• interest rates
• tuition fees
• university finances

 
On Wednesday 18 October at 2.45pm they asked academics about:

• the impact of student loans on public finances and students
• whether fees mean that there is a 'market' for higher education

 
You can watch the session here:
http://www.parliamentlive.tv/Event/Index/2f85d27f-54ba-4ac0-9890-8c8e8dd3fee9
 
You can find out more on the Treasury Committee's webpage:
http://www.parliament.uk/business/committees/committees-a-z/commons-select/treasury-committee/inquiries1/parliament-2017/student-loans-17-19/
 
You can follow the Treasury Committee on Twitter for updates: @CommonsTreasury
 
What is the Treasury Committee?
 
The Treasury Committee looks at and questions how the Treasury:

• is run
• spends money
• decides on its policies

It's a cross-party committee of MPs and is independent of the Government.
  
You can find out more about Treasury Committee on its website: http://www.parliament.uk/business/committees/committees-a-z/commons-select/treasury-committee/
 
This is a ‘select committee’. Find out how Select Committees work:
https://www.youtube.com/watch?v=o_2RDuDs44c