Petition

End the Plan 2 threshold freeze and review unfair interest rates

Rejected 21 signatures

What the petition asks

The Government should end the Plan 2 repayment threshold freeze immediately and review the whole post‑2012 loan system. Interest rules should be changed so balances don’t keep rising while borrowers make regular repayments, ensuring a fairer and more sustainable system.
The Plan 2 system is fundamentally unfair. The repayment threshold freeze forces graduates to pay more each year during a cost of living crisis, while high interest rates make balances grow even when people repay. It’s placing huge pressure on a generation already struggling to build secure futures, delaying milestones like saving, housing and stability. Ending the freeze and reviewing the system is urgently needed.

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 a similar action: Review and reform Plan 2 student loan repayment terms


You may also wish to sign this petition: Restore Plan 2 student loan repayment threshold increases from April 2026

Timeline

4 Feb 2026 Petition opened for signatures
12 Mar 2026 Rejected by the Petitions Committee

Key facts

Signatures 21
Status Rejected
Rejected 12 Mar 2026

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