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 LockedOld Loan Collecter harrsing and taking income tax

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Jaytee View Drop Down
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    Posted: 28/April/2016 at 8:33am
So I went and filed my income tax yesterday and found out that I had an outstanding old Student loan and that they are taking my income tax returns. I spoke with the National student loans and they informed me that it defaulted and that it went into collections. I contacted the collection agency and told them that i was unaware and had forgotten about the loan as it was from over 10 years ago. They told me that i owe them $10,000 and that I have to pay it back as it isn't a Stats Barred and that its a crown debt and will never go away and will keep accumulating interest. I told them I have no means of a way to pay back that kind of money and they demanded that I fill out a financial questioneer amd send it back to them ASAP. I have not done so and they keep calling me and I don't know what to do. Need help please! Thanks in advance
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dee2 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote dee2 Quote  Post ReplyReply Direct Link To This Post Posted: 06/February/2017 at 8:00pm
I have the same problem raise four kids on my own worked as a personal Support Worker not making enough to pay student loan and take care of daily needs. what can I do they take my taxes my gst hst and scoita bank has a collection agency calling me
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SolveStudentDebt View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 12/February/2017 at 5:28pm
Scotiabank doesn;t take any tax money. Only the federal and-or provincial government for those loans. 
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
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