Petition · HM Treasury
Review the student loan system and explore alternatives
Open for signatures
68 signatures
What the petition asks
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.
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.
Timeline
| 25 Feb 2026 | Petition opened for signatures |
Key facts
Signatures
68
Status
Open for signatures
Department
HM Treasury
Opened
25 Feb 2026
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Source: the official petition page. Last checked 26 Jul 2026.