Petition
Remove Interest from UK Student Loans
Rejected
9 signatures
What the petition asks
We call on Parliament to remove interest on UK student loans. In 2024–25, £15.2bn in interest was added while only £5bn was repaid — roughly 3x as much. Graduates enter repayment with average debts of around £53,000, and around 75% are expected to never repay in full.
• Lower and middle earners often pay mainly interest, while high earners clear loans more quickly. In 2024–25, 67% of those repaying student loans added more interest than they paid, and 2.2m people now owe £50k+.
• Repayments add 9% on top of tax and NI, pushing marginal rates towards 60%. The Times reports graduates typically need to earn ~£66k before reducing the balance.
• Unlike other debts, student loans cannot be cleared through bankruptcy and are repaid via the tax system for 30+ years.
• Repayments add 9% on top of tax and NI, pushing marginal rates towards 60%. The Times reports graduates typically need to earn ~£66k before reducing the balance.
• Unlike other debts, student loans cannot be cleared through bankruptcy and are repaid via the tax system for 30+ years.
Why it was rejected
There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.
You may wish to sign the following petition which calls for the same action:
Abolish interest charges on student loans
Abolish interest charges on student loans
Abolish interest charges on student loans
Abolish interest charges on student loans
Timeline
| 29 Jan 2026 | Petition opened for signatures |
| 5 Mar 2026 | Rejected by the Petitions Committee |
Key facts
Signatures
9
Status
Rejected
Rejected
5 Mar 2026
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Source: the official petition page. Last checked 31 Aug 2026.