PETITIONRejectedPetition · petition.parliament.uk

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.

Last fetched 19 May 2026 · petition.parliament.uk

Signatures

signatures

Government response threshold (10,000) · 7/10,000

Debate threshold (100,000) · 7/100,000

Petition progress2 events · Jan – Mar 2026

10 MAR 2026
Petition rejected
duplicate
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
30 JAN 2026
Petition created

Background

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.