This website is a testimony to the problems Canadian Student Loan borrowers experienced from approximately 1996 to 2008 and until their loans were paid off.

The privatization of the Student Loans system by the Chretien and Martin Liberal governments broke the system and defaulted thousands of borrowers who were trying to pay their loans. There were even stories of suicide due to the harassment of borrowers.

Read the report that I prepared back in 2007 here. Canada Student Loans-The Need for Change Fortunately the new Conservative government at the time revamped the program and fixed the system for new borrowers, but borrowers under the previous program were left with ruined credit and continued harassment from debt collectors.

I call on the Canadian Government to apologize to the borrowers affected by this fiasco and make amends.

Unfortunately the Liberal government is again clobbering the Education system with their upcoming changes to International Student Visas. Yes, there's a problem, but instead of a well thought out plan, they have pulled the emergency brake on the train causing a derailment. This has introduced unprecedented instability for both private and public education institutions who serve both international and local students.

Universities can't plan. I've heard of courses being cut because the government has no process in place for universities to send the newly required acceptance letters to the government.

This means that students who have been accepted can not attend courses that start in the summer 2024 semester. With cut sections, current Canadian students will have trouble getting courses, and may have to switch to part-time which changes their enrollment status and might trigger repayment of their loans or ineligibility for funding. I've seen this before. It wreaks havoc on the student loan borrowers.

Again, the Liberal government has messed up the education environment. Will the new system needed in a rush for the acceptance letters be the new Arrivecan scandal?

I call on the government to implement a slower phased in approach and delay the requirement of the acceptance letters until a process is in place to submit these letters.


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Forum LockedIR from 2001 reassassed

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skali610 View Drop Down
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Joined: 22/November/2004
Location: Canada
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Post Options Post Options   Thanks (0) Thanks(0)   Quote skali610 Quote  Post ReplyReply Direct Link To This Post Topic: IR from 2001 reassassed
    Posted: 04/January/2005 at 4:22pm

Hello all!

I need some urgent advise. Today, I rec'd a letter from OSAP that my original IR from March 2001 to Aug 2001 was reammended to March 2001 only.

I took OSAP after that in 2002 and then in 2004. My last full-time studies ending in June 2004. I have already applied for IR again as I cannot afford to make payments. They have not withdrawn the money yet, so I suspect that it is approved. I have also not rec'd anything in the mail for the recent IR application. They just called me to ger additional info about income verification etc and then they called and told me that it was processed and they were just waiting for the info from the bank.

I am really worried about this IR that I took in 2001. I don't know why they are doing this to me. It does not say anything that I have to pay back etc, but I am just worried. They had also re-assessed my OSAP application and told me that I had taken extra $4000 then I qualified for, but that was for year 2003-2004. They also told me that it only affects the future OSAP funding not IR applications etc.

Could you please give me some advice. What should I do? How does this new IR reassessment from 2001 would affect me? Thanks in advance and salute to all of you who are engaged in fighting for our right and fairness.

 

skali

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