Rejected petition Review, reform, or remove student loan interest so repayments reduce debt.
Ask the Government to review student loan interest and reform or remove it so repayments reduce balances. Consider zero or capped interest, income-linked limits, or interest forgiveness after sustained repayment, ensuring student loans are fair and repayable, not lifelong debt.
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Student loan interest often prevents borrowers from reducing their debt, even after years of regular repayments. This creates long-term financial pressure, worsens the cost of living, and leaves millions spending large sums on interest rather than clearing what they owe. Reducing or removing interest would ease this burden, ensure repayments write off debt, and may encourage more people into higher education by removing the fear of lifelong indebtedness.
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.
Petitions are likely to get more support if you sign ones that are already open rather than starting your own. We have a few relevant petitions open calling for similar action:
'Abolish interest charges on student loans'
https://petition.parliament.uk/petitions/756832
'Cap student loan interest rates at inflation (CPI), do not apply retrospectively'
https://petition.parliament.uk/petitions/757740
'Review the student loan system and explore alternatives'
https://petition.parliament.uk/petitions/757658
'Review and reform Plan 2 student loan repayment terms'
https://petition.parliament.uk/petitions/759316
We only reject petitions that don’t meet the petition standards.