Rejected petition Make the student loan system fairer for young people

Reverse the upcoming Plan 2 repayment threshold freeze, and restore it to the level it would be if it had risen each year with earnings growth as promised. Set student loan interest rates at CPI inflation, and reduce the repayment rate from 9% to 5%.

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Successive governments have made retrospective changes to the Plan 2 loan terms. Repeated threshold freezes alongside high interest rates for Plan 2 loans mean many will pay back far more than they borrowed. These proposed changes will remove the unfair above-inflation interest as well as helping to address the high marginal tax rates which are disincentivising young people. The changes will also give young people more ability to invest into the economy and their futures.

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.

We already have a number of petitions open on aspects of this same issue which you may wish to look at and perhaps sign:

https://petition.parliament.uk/petitions/759316

https://petition.parliament.uk/petitions/759293

https://petition.parliament.uk/petitions/759969

We only reject petitions that don’t meet the petition standards.

Date submitted 10 February 2026
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