Petition

Remove interest from all UK student loans to stop unfair graduate taxation

Rejected 21 signatures

What the petition asks

Remove interest from all student loans and freeze balances in real terms so repayments reduce debt instead of inflating it. Student loan repayments already function as a graduate tax and should not grow through interest.
Student loans now operate like a second tax on graduates, taken directly from pay. High interest means balances grow even while people repay, trapping them for decades. This reduces take-home pay and makes it harder to save, including paying into pensions, leaving graduates paying two forms of tax for education.

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 this petition which calls for the same action: Abolish interest charges on student loans

Timeline

3 Feb 2026 Petition opened for signatures
5 Mar 2026 Rejected by the Petitions Committee

Key facts

Signatures 21
Status Rejected
Rejected 5 Mar 2026

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Source: the official petition page. Last checked 27 Jul 2026.