Rejected petition Forgive Plan 2 Student Loan Debt
Review whether Plan 2 Student Loans have been mis-sold under false terms and false advertising, and forgive the debts accordingly.
More details
It was falsely advertised that the repayment threshold would rise with inflation and that the debt would be a sensible, worthwhile investment. Instead, the repayment threshold has been repeatedly and unilaterally frozen. Extreme interest rates apply, more than typical mortgages, and beyond the understanding of an 18 year old. RPI is used when the UK gov typically uses CPI (lower). It was not accurately represented that the loan would become a 9% additional tax for our entire working 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.
We are not clear whether you want the debt written off in full or not, and the text suggests that you are rather interested in a review about possible mis-selling.
There is another petition open which aligns somewhat with yours which you may wish to sign instead:
https://petition.parliament.uk/petitions/760570?
We only reject petitions that don’t meet the petition standards.