Freeze Student Loans Interest in the UK

The Department of Education and the Student Loan Company should freeze all interest applied on Student Loans starting from the month of March 2020.

This petition was rejected on 1st Apr 2020 as it duplicates an existing petition

The Petition Committee commented:
https://petition.parliament.uk/petitions/308579 You can find out more about coronavirus and how you can protect yourself and others here: NHS website: https://www.nhs.uk/conditions/coronavirus-covid-19/ UK Government website: https://www.gov.uk/coronavirus You can read NHS tips to help if you are worried about coronavirus here: https://www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips You may also be interested to know that because of the large number of petitions that have been started in relation to coronavirus, the Petitions Committee has been questioning the Government about its response to the coronavirus outbreak.   Find out more and watch the Committee put questions suggested by petitioners to Government Ministers and the Deputy Chief Medical Officer: https://committees.parliament.uk/committee/326/petitions-committee/news/145767/committee-question-deputy-chief-medical-officer-and-ministers-on-coronavirus-response/   Read letters asking further questions of Government Ministers: https://committees.parliament.uk/committee/326/petitions-committee/publications/3/correspondence/

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Official Petition Site

As we've started to face increasingly more economic uncertainty as a result of the impact that Covid-19 is having on our communities, we ask that the Student Loan Company reduces interest rates to 0% on all existing loans. This is a measure that has already been applied by the United States and one that would definitely help ease the financial burden on early graduates in the upcoming months.