Student Loan Interest Rate

EDM number 356 in 2017-19, proposed by Stephen Lloyd on 10/10/2017.
Categorised under the topics of Loans and Students.

That this House deplores the recent rise in the interest rate for many student loan holders to 6.1 per cent when the current Bank of England base rate is 0.25 per cent; is concerned by the potential financial impact this will have on account holders and their families; and calls on the Government to set the interest rate no higher than the current RPI.

This motion has been signed by a total of 21 MPs.