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This petition was submitted during the 2019 to 2024 Parliament

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Closed Reduce student loan debt and interest to mitigate the impact of Covid-19

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1. Reduce all existing student loan debt by 20% and
2. Charge 0% interest from March 2020 till September 2021 period.

Due to the devastating impact of the covid-19 on the economy. This is to help reduce fear and anxiety especially within the young population of the UK.

Survey of students & graduates: 27% change career plans, 37% No longer knows what to do due to the pandemic: https://www.prospects.ac.uk/prospects-press-office/27-percent-of-students-and-graduates-change-career-plans-due-to-covid-19

Scrap interest on student loans says vice-chancellors: https://www.bbc.co.uk/news/education-55895334

Vice-chancellors said students are amongst worst hit by the pandemic: https://www.mirror.co.uk/money/universities-call-interest-student-loans-23430291

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10,000

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  • Petition closed

  • Petition published

    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 19 October 2021.