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Closed Reduce interest on ALL extant student loans to zero

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Mortgage interest rates have been historically low since 2008. The Bank of England base rate is approaching zero. There is no excuse for charging almost 6%.

The marginal rate of tax for a higher rate taxpayer with student loan repayments is higher than for the highest earners with no student debt.

To address the intergenerational wealth & income disparity that has been unjustifiable & unsustainable.

To show goodwill towards the young who will bear the lion's share of the enormous future debt as a result of COVID-19.

To encourage them to hope for a better future.

102 signatures

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10,000

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  • Petition closed

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    This petition can now be signed.

    If this petition gets 10,000 signatures, government will respond to it.

    If this petition gets 100,000 signatures, it will be considered for debate in Parliament.

    This petition will stay open until 15 June 2021.