Nationalise my Student Debt!

Fact: The average debt students leave university with is now £15,000 - which takes an average of thirteen years to pay off

Fact: One in three graduates are not earning enough to pay back their student debt

Petition the Prime Minister to Nationalise student debt

We note that the Government has nationalised the debt of banks that have run into financial difficulty and believe that graduates should be afforded the same treatment.

Sign the petition here: http://petitions.pm.gov.uk/natstudentdebt/

Fact: Before fees were introduced in 1998, only 18% of students lived at home during their studies. Today the figure is 56%

Campaign to freeze student fees

MPs have tabled a 'prayer' in the House of Commons in an attempt to freeze student fees for next year.

Read the press release: Labour MPs call for freeze on student fees
Check if your MP has signed
Lobby your MP to sign up if they haven't already

Fact: Graduates on low incomes are now paying a marginal tax rate of 40% (20% basic rate tax, 11% national insurance, and 9% student debt repayment) - and that's before other deductions such as pension or trade union subs!

Articles

Fact: New Labour introduced tuition fees of up to £1,000 in 1998/99, and top-up fees of up to £3,000 in 2006/07

Fact: In total students owe over £20bn, and within 10 years it is estimated we will owe £55bn

Fact: Research by the Sutton Trust shows that nearly two-thirds of pupils who decided not to seek higher education cited anxieties about money

Join the 'Nationalise my Student Debt' group on Facebook