Ban interest on student loans above RPI and reform loans system
Background
Cut interest on student loans to a maximum of RPI including retrospective calculations; make first PHD part of first degree debt not a second payment; no interest to be added to the debt all while completing the degree; make loan education mandatory as part of studies.
Additional details
We believe the current generation is systematically being disadvantaged. Education used to be free for UK citizens. Current older graduates had these benefits and no debt to pay off but the system has now been changed to going back to a place where degrees will only be accessible to the rich or poorer people will be saddled with a lifetime of debt. The system needs changing for the youth of our country.
Where it’s popular
Constituencies with the most signatures on this petition.
Source: UK Government & Parliament Petitions service. Petition ID: 759586.