PETITIONRejectedPetition · petition.parliament.uk
End the Plan 2 threshold freeze and review unfair interest rates
The Government should end the Plan 2 repayment threshold freeze immediately and review the whole post‑2012 loan system. Interest rules should be changed so balances don’t keep rising while borrowers make regular repayments, ensuring a fairer and more sustainable system.
Last fetched 03 May 2026 · petition.parliament.uk
Signatures
21
signatures
Government response threshold (10,000) · 21/10,000
Debate threshold (100,000) · 21/100,000
Background
The Plan 2 system is fundamentally unfair. The repayment threshold freeze forces graduates to pay more each year during a cost of living crisis, while high interest rates make balances grow even when people repay. It’s placing huge pressure on a generation already struggling to build secure futures, delaying milestones like saving, housing and stability. Ending the freeze and reviewing the system is urgently needed.