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 LockedNeed help on how to proceed with a CA

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korok15 View Drop Down
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    Posted: 21/May/2009 at 1:55pm
I owed a collection agency 1,400$ and I sent two check of 300$ for the month of April and May. I received a call from the agency saying that I have to make another payment before the end of the month because their "client" needs another payment to keep the "file" open for the month of June. I was planning on continuing to send monthly payments of 300$ until it's all done, but now they're trying to make me pay money I just can't afford right now.

If I just send them four more checks, one for each month, do they have to cash them and accept my proposal? It's not like I'm not being compliant, they've agreed to both payments I've made up until now and either check has bounced.

I just don't understand why they're trying to make me pay more when I told them I can't do it. They even told me to try and pay it with me credit card, borrow money from a bank or a friend. Obviously I'm not going to do that because that would be even more trouble.

What should and can I do?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote administrator Quote  Post ReplyReply Direct Link To This Post Posted: 24/May/2009 at 6:30am
They are trying to get another payment out of you so they can get more commission.
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Mark OMeara
Author of Let Go and Heal: Recovery from Emotional Pain
https://LaughSingWrite.com - http://bit.ly/heal2024
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korok15 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote korok15 Quote  Post ReplyReply Direct Link To This Post Posted: 24/May/2009 at 9:49am
So basically, if I sent them a letter along with 3 checks for the 3 next months, they should accept the checks and stop harrassing me to make sooner payments? I clearly indicated to them that the $300 a month I've been paying them for the past 2 months is already killing me and the checks I sent them were the best I can do (this is actually true).

I talked to the guy from the CA Friday and I already told him I would not make the next payment for the end of the month. He told me to find a way to get the money and that I had until Tuesday night to call him. What should I say to him on the phone that he doesn't already know? If I just say something along the line of "I just sent you the 3 checks for what I can pay and that's the best I can do, please stop asking me" would that seem acceptable?

At the very worst, what can the CA do? Could they sue me over this? Could they send my file to another CA? Are they going to take money from my pay? I'm going crazy over this and the thing is, I WANT to pay because I know I owe the money, I just can't make another payment right now.

Also, thanks for the reply and sorry for the multiple questions. this situation is really stressing me out and I'm actually having trouble sleeping at night and doing normal stuff, I just think about this all the time.
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