Petition · past parliament
Reduce student loan interest to an affordable 1% over base rate.
Closed
1,367 signatures
What the petition asks
With the current punitive and profiteering rate of RPI + 3% typical loans of £50k require a salary of £55k pa just to pay the £3,000 interest. The rate charged is excessive and leaves a lifetime millstone for most graduate leavers. Give the majority an attainable goal and a sense of hope!
Timeline
| 3 Oct 2017 | Petition opened for signatures |
| 3 Apr 2018 | Closed to new signatures |
Key facts
Signatures
1,367
Status
Closed
Opened
3 Oct 2017
Closed
3 Apr 2018
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Source: the official petition page. Last checked 15 Jul 2026.