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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Post Options Post Options   Thanks (0) Thanks(0)   Quote Equifax Blair Quote  Post ReplyReply Direct Link To This Post Topic: Equifax
    Posted: 08/August/2007 at 6:37am
It took me ten years to get an adult dialogue between myself and this "financial institution".

The problem was never the money (I never even spent most of my loan!) - it was always in my T.D. account.

The problem was that there was a representative of this institution that called himself 'Blair' and claimed to be working for Equifax via ScotiaBank (i could not verify that any of his claims were true other than his name).

This hero somehow obtained my mother's phone number and harassed her knowing full well that she was undergoing aggressive chemotherapy for breast cancer.  Sounds fun. eh?

Anyway I stood up to this coward and he just got worse.  I gave up and told him where the money was (TD) and where it was going: to pay for protection via organized crime for Blair from Equifax (ScotiaBank).  He wasn't  intimidated until his home address and phone number was published.

I would love to find out what happened to Blair.  Maybe he had an accident at work.  Hard to tell or prove!

Anyway, long story short I finally gave Scotia their money but after all this violence that they initiated i was not prepared to pay them more than 20% of the total.  The same hilarious game ensued!  Threats of violence, intimidation, lies, etc.  Anyway Vince wasn't so tough as Blair so he caved at the thought of his phone numbers/home address being published.  He tried to play "tough" by giving me 3 business days to accept the 20% offer.  I sent him a certified cheque that arrived within the hour.  He made his commission but hopefully soiled himself!

I just want everyone's opinion:  where do they find these people? 

Is there a work release program that trains these people?





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