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STUDENT LOAN INTEREST RATE

EDM (Early Day Motion) 356: tabled on 10 October 2017

Tabled in the 2017-19 session.

This motion has been signed by 21 Members. It has not yet had any amendments submitted.

Motion text

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.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

There are no withdrawn signatures for this motion.