Petition · past parliament · Department for Education
Reduce student loan debt and interest to mitigate the impact of Covid-19
Closed
173 signatures
What the petition asks
1. Reduce all existing student loan debt by 20% and
2. Charge 0% interest from March 2020 till September 2021 period.
2. Charge 0% interest from March 2020 till September 2021 period.
Due to the devastating impact of the covid-19 on the economy. This is to help reduce fear and anxiety especially within the young population of the UK.
Survey of students & graduates: 27% change career plans, 37% No longer knows what to do due to the pandemic: https://www.prospects.ac.uk/prospects-press-office/27-percent-of-students-and-graduates-change-career-plans-due-to-covid-19
Scrap interest on student loans says vice-chancellors: https://www.bbc.co.uk/news/education-55895334
Vice-chancellors said students are amongst worst hit by the pandemic: https://www.mirror.co.uk/money/universities-call-interest-student-loans-23430291
Survey of students & graduates: 27% change career plans, 37% No longer knows what to do due to the pandemic: https://www.prospects.ac.uk/prospects-press-office/27-percent-of-students-and-graduates-change-career-plans-due-to-covid-19
Scrap interest on student loans says vice-chancellors: https://www.bbc.co.uk/news/education-55895334
Vice-chancellors said students are amongst worst hit by the pandemic: https://www.mirror.co.uk/money/universities-call-interest-student-loans-23430291
Timeline
| 19 Apr 2021 | Petition opened for signatures |
| 19 Oct 2021 | Closed to new signatures |
Key facts
Signatures
173
Status
Closed
Department
Department for Education
Opened
19 Apr 2021
Closed
19 Oct 2021
Follow this petition
Sign in to get an email when the government responds, a debate is scheduled or held, or the petition closes.
Source: the official petition page. Last checked 15 Jul 2026.