Review the student loan system and explore alternatives
Consider options for abolishing the current system and alternatives such as a progressive graduate tax, scrapping interest rates, or writing off existing debts to address its unfair and burdensome impact on graduates.
Signatures
63
signatures
Government response threshold (10,000) · 63/10,000
Debate threshold (100,000) · 63/100,000
- 25 FEB 2026Petition opened for signaturesCreated by Mr Andrew Crisanto
Background
The student loan system requires some graduates to repay 9% of earnings above a frozen threshold, with debts written off after 30-40 years. We feel this functions like a horrifically high graduate tax that can destroy living standards, especially amid low incomes, and is a drag on the economy. We believe it disproportionately disadvantages students whose parents cannot afford to pay fees upfront, trapping them in a loan system while wealthier families can opt out entirely.