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 LockedWhat can I do?? CRA is threatening to garnish

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Jentastic View Drop Down
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    Posted: 21/September/2019 at 7:13pm
Hi! I have “ceased to be a full time student” as of 31 December 2009. I received interest relief for the next few years and essentially did not make any payments. I’m 2012 CRA contacted me demanding payments because I was in default. I was receiving EI at the time on maternity leave with a brand new baby. I can’t recall the actual amount but I can tell you it was more than I could afford. In Novemeber 2013 I missed payments and did not make a payment since. Unfortunately in 2014 I was insolvent and completed it in 2014. My Canada student loan and New Brunswick student loan were included. I had not heard anything about the loan until last week CRA called demanding payments of a minimum of $1500/month for the unforseeable future to cover the interest of the loans. They wouldn’t discuss anything except when I was going to pay. I did not acknowledge the debt, I asked questions about why they were contacting me and why it was still alive to. no avail. They have given me 30 days to contact them and make payment arrangements. In December, it will be 10 years since my period of study end date. My CRA tax account has not mentioned student loan from 2015 until now. In an effort to find out why this suddenly reappeared I checked my credit report. The Canada student loan is reported as paid and the status is OK according to TransUnion. My paper work from the insolvency has the Canada student loan included in my liabilities. Prior to now I believed all was said and done.
When the student loan privacy breach occurred my information was included in the class action law suit. This was settled in July 2019. CRA says this “default recovery action was initiated July 2019 which is NO coincidence. My participation in the class action should have been protected. Ironic that the class action was a breach and my situation now appears to be a breach of my privacy as well. However that aside, I am not keen on a subsequent bankruptcy and a consumer proposal will likely cost me thousands per month for the next five years. I am aware this is my debt but my pattern of life under the belief student loan was no longer an issue would literally make me unable to feed my family.
When I filed in 2014, I wasn’t aware I could petition the court to consider undue hardship which I likely would have pursued.
New Brunswick and federal statutes would apply if it hadn’t been for the insolvency. Turns out the limitation period restarted in 2015 which only makes it 4 years today.
What can I do to clean up this mess? Do I have any alternatives short of losing my shirt?? I am considering getting the analysis but I’d like to know if there is hope prior to spending the money (if consumer proposal or bankruptcy is the only way to eliminate the debt either way..)
Sorry for the not so short synopsis but I thought background might help figure out my next steps
Thank you for any help/insight you can provide to help inform my next steps
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edwards View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote edwards Quote  Post ReplyReply Direct Link To This Post Posted: 27/September/2019 at 2:55am
Just curious, how you discharged your student loan in 2014? In was neither enough old to be discharged (7 years old) and you neither applied to court under hardship provision rule (5 years old).
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macaronicaesar View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote macaronicaesar Quote  Post ReplyReply Direct Link To This Post Posted: 08/October/2019 at 9:11pm
Contact solvestudentdebt.
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