28,191

of 50,000 signatures

To Education Secretary, Bridget Phillipson:

Charging interest on student loans massively increases the total amount of debt that graduates need to repay, often resulting in a financial burden that can last for decades. This issue is important because it can deter potential students, especially those from lower-income backgrounds, from pursuing higher education due to the fear of incurring large debts. Ensuring education is accessible and affordable is vital for creating a more equitable society where everyone has the opportunity to achieve their academic and professional goals.

I graduated over 5 years ago and despite having a relatively well paid-job, I have barely made a dent in paying off my student loan because of the interest that has been accruing year on year from the moment I received my first loan in my first year of university.

Petition text

We are calling on political parties to commit to scrapping interest on student loans in their manifestos. A better and more equal education system is better for our economy in the long term, as we will have a stronger and more highly skilled workforce.

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Stop charging interest on student loans now!

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