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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pretzel_logic View Drop Down
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Joined: 15/February/2005
Location: Canada
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    Posted: 06/March/2005 at 6:46am

So as the Courts and House of Commons ready to tackle our issue, I find it unnerving to think that this is the month we may find out whether some of us stand a chance at a new life, in the reasonably short-term perspective. Both actions of some magnitude taken on our behalf come to closure this month. Then, if unsuccessful with those, our only chance is a new government the next time around. Or winning the State-sponsored lottery. Or ten years, whichever comes first. 

But if ever one of them should lead to a change in policy, there are no friggin' words to express how I will feel on that day. Keeping Johnny's flat notes in mind, this could still spare my household quite a few years of uncalled for hell.

Either way, it's a little scary.

 

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Hunter2 Quote  Post ReplyReply Direct Link To This Post Posted: 06/March/2005 at 7:02am
It is so scary. I feel very uncertain and shaky.

In rereading the case law Johnny had provided its really made me think. Have I acted in good faith to pay this back? I think I have, but what if it does not look that way on paper, to some suit? What if they think I am hiding behind my marraige and children to avoid this debt? Because my debt is so massive(100 000) its just hard to imagine what this process will entail.

Its unnerving to think they could change from ten to five but still have relief be out of reach for my family.

Scary indeed, for all of us.
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pretzel_logic View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote pretzel_logic Quote  Post ReplyReply Direct Link To This Post Posted: 11/March/2005 at 6:34am

Make that April fools...

"C-236 — February 25, 2005 — On or after Tuesday, April 5, 2005 — Resuming consideration of the motion of Ms. McDonough (Halifax)..."

Or ten years, whichever comes first.

 

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