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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    Posted: 05/November/2017 at 5:33am
PoorNS, you are dealing with Service Nova Scotia and Municipal Relations. The collection office for this province is over at 1505 Barrington Street. If you are in HRM, you could go right to their office and demonstrate your inability to pay, and the hardship the loan is causing. Appeal to the minister in proper format demonstrating why they should set the loan aside. If you are benefiting from it (which you are clearly not), and you can show a cause  that should give them reason it might work. Other provinces are very open-minded with these types of cases. dealing with their collectors will get you nowhere though. They are programmed to collect money and not truth. So, go above that office. 

Only do this IF you can show that the student loan brings absolutely no benefit or opportunity to you.  If they somehow offer rehabilitation, that would be their way of keeping you in debt. Make sure you have all your facts and documents. 

Bankruptcy, of course, is the easy way. It just sucks that people are pushed into this and having to be pinned with a new identity that is somewhat negative all because of a student loan.  
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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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 05/November/2017 at 5:22am
If you receive a notice from CRA that legal proceedings will be taken, the likelihood of it happening is quite high. Unlike the third-party private collection agency notices citing legal action will be taken on final demand. 

In a lot of cases where the issues arising from a nearing a federal limitation period borrowers receive notices of threat and to communicate with them for repayment purposes. 

what is your desired outcome with what you got going on? 


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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Post Options Post Options   Thanks (0) Thanks(0)   Quote Poor-NS Quote  Post ReplyReply Direct Link To This Post Posted: 05/November/2017 at 5:20am
No action has been taken against me as of yet. Nova Scotia SL has threatened to garnish wages but as I am only employed seasonally, I don't think they can.
Personally, I have been advised to look into bankruptcy using the hardship claus to include my SL.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Sasha s Quote  Post ReplyReply Direct Link To This Post Posted: 04/November/2017 at 5:26pm
Hello,

I recently received a letter telling me to contact federal student loans office or they will serve me with legal papers or garnish my accounts. I just want to know what happened with your situation.
Any advice would be greatly appreciated.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Poor-NS Quote  Post ReplyReply Direct Link To This Post Posted: 09/August/2017 at 5:33am
I received a letter yesterday stating I had 15 days to respond or be sued or have my wages garnished.
I have yet to call them. In the past they have been completely unwilling to work with me on payments.
The Federal portion is $10K. I only work seasonally, have 2 children to support. The loan was originally taken out in 2011.

How do I respond to them?
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