Rejected petition Reduce the interest on student loans and put a cap on the interest.
Place a cap on the interest that student loans companies can place on student loans. This should be applied to new and old student loans.
More details
The interest on some student loans is extortionate which means that those who require loans are amassing huge depts. People will be charged for long periods of their lives, often paying back far more than they ever borrowed.
Higher education should be accessible to all without the worry of being charge extortionate amounts for the rest of their lives.
This petition was rejected
Why was this petition rejected?
It’s not clear what the petition is asking the UK Government or Parliament to do.
Petitions need to call on the Government or Parliament to take a specific action.
We're not sure exactly what you'd like the Government or Parliament to do. There is also already a cap in place on the interest rate on student loans.
You could start a new petition explaining clearly what you would like the Government or Parliament to do.
We only reject petitions that don’t meet the petition standards.