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 LockedHRDC using wrong income for disability!

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markomeara View Drop Down
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Joined: 30/May/2002
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    Posted: 16/August/2002 at 8:52pm
HRDC is using the wrong income for disability financial hardship.... clearly it should be net income not gross as I was told today!

From http://www.mackayco.ca/personal_faq.html
Am I required to make payments during the period of my bankruptcy?

You are required to make payments on a monthly basis only if there is surplus family income. Surplus family income is set out in a schedule prescribed by the Superintendent of Bankruptcy.

The surplus is calculated by taking your ****net income and deducting any prescribed medical expenses,maintenance, and certain other expenses.*****

The directive from the superintendent of bankruptcy is at
http://strategis.ic.gc.ca/SSG/br01055e.html

Directive on Surplus Income
6. (2) The family unit's total monthly income shall be determined by subtracting from the total of all its members' monthly incomes the following amounts, as applicable:
(a)     In the case of a salaried employee, minimum statutory remittances (income tax, pension and employment insurance deductions) and other mandatory deductions paid; or
(b) in the case of a person who is self-employed, business expenses and deductions as permitted by the Income Tax Act or similar provincial legislation, minimum statutory remittances and instalment tax payments.

6. (3) The family unit's available monthly income is determined by subtracting from the family unit's total monthly income the monthly non-discretionary expenses applicable to the personal and family situations of both the bankrupt and the bankrupt's family unit:
(a) child support payments;
(b) spousal support payments;
(c) child care expenses;
(d) expenses associated with a medical condition;
(e) court-imposed fines or penalties that are in process of being paid;
(f) expenses permitted by the Income Tax Act (or similar provincial legislation) that are a condition of employment; or
(g) any other debt where a stay of proceedings has been lifted by the court, and a recourse authorized.

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