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Cancel student debt.
And I should mention something about interest. I paid a lower rate of interest than current students. For those starting in 2020 in England and Wales their rate of interest is 5.6%. So a third year student who owes £30,000 will have £1,680 added to their debt this year.
The Bank of England has kept UK interest rates at 0.75%. A rip-off 6.5% is charged on the money students borrow to study! Government figures show students will owe a staggering £8.6bn in Interest alone on their loans within 5 years - almost double the current debt
UK Parliament: Stop charging Interest on Student Loans - Sign the Petition! chng.it/t69Hrkdw via @UKChange
Follow us and help us fight to remove the sky high interest rates that students see on their student loan. @nadhimzahawi #SueGrayReport #SueGrayDay #corruption #JohnsonOut4 #Conservatives
It's about time students stop being ripped off with huge interest rates for education which helps them contribute to the economy. 'Students will owe £8.6bn in loan interest alone within five years, official figures show' independent.co.uk/news/uk/politi… #borisjohnson #conservatives
#universitiesuk #StudentsTweetPolitics #studentloans #StudentProtest #StudentLivesMatter #education #Conservatives #BorisJohnson STOP THE INTEREST ON STUDENT LOANS.
Calling all #Students and #ExStudents / #alumni. The interest rates the government are charging for Repayment Loan 2 is unacceptable. Follow us to join us in the fight to get this changed. There shouldn't be interest on already extortionate fees.
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KONNECT3️⃣
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@joedwards1974
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