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.


  FAQ FAQ  Forum Search   Register Register  Login Login


Forum LockedStress & Mental Health Dealing with Student Loans

 New Topic Create New Topic Show Topics Page  <123>
  Replies Views Last Post Reverse Sort Order
Forum Topics
Hot Topic
catch22
By georgejp, 18/April/2006 at 3:52pm
1 1039 By old hippy
19/April/2006 at 2:05amView Last Post
Hot Topic
student loan burnout
By frustrated-guy, 09/April/2006 at 7:45am
0 937 By frustrated-guy
09/April/2006 at 7:45amView Last Post
Hot Topic
Depression creeping back in
By Hunter2, 10/March/2006 at 7:16am
5 1786 By Hunter2
13/March/2006 at 2:50amView Last Post
Hot Topic
Quote from Mother Teresa
By janet604, 16/December/2005 at 11:12am
1 1458 By old hippy
17/December/2005 at 3:07amView Last Post
Hot Topic
Beware the dangers of stress!
By Casey, 11/December/2005 at 7:43pm
2 1132 By Casey
16/December/2005 at 8:40pmView Last Post
Hot Topic
10 3387 By missmja75
02/December/2005 at 5:20pmView Last Post
Hot Topic
Actually funny
By bice, 04/November/2005 at 10:12am
1 1198 By bice
24/October/2005 at 1:59amView Last Post
Hot Topic
What a laugh
By KimM, 13/October/2005 at 3:32am
9 1046 By KimM
14/October/2005 at 3:38amView Last Post
Hot Topic
Can I relate...
By janet604, 22/August/2005 at 9:05am
12 1487 By Shasta
05/October/2005 at 7:24amView Last Post
Hot Topic
Take a break from everything
By hunter, 05/October/2005 at 5:44am
0 661 By hunter
05/October/2005 at 5:44amView Last Post
Hot Topic
Depression
By Aurelius, 03/September/2005 at 4:48pm
2 848 By kwelmm
06/September/2005 at 4:01amView Last Post
Hot Topic
2 790 By Casey
16/August/2005 at 9:40pmView Last Post
Hot Topic
no sleep in vancouver
By Jenin, 30/May/2005 at 10:36am
2 685 By nago
07/June/2005 at 9:46pmView Last Post
Hot Topic
angry, broke, & alone
By silence2long, 19/April/2005 at 12:29pm
18 2107 By hunter
25/April/2005 at 12:58pmView Last Post
Hot Topic
March Madness
By pretzel_logic, 11/March/2005 at 6:34am
2 866 By pretzel_logic
06/March/2005 at 6:46amView Last Post
Hot Topic
Depression
By silence2long, 06/March/2005 at 3:32pm
71 5352 By Hunter2
17/February/2005 at 1:26pmView Last Post
Hot Topic
My neighbour committed suicide
By nago, 19/January/2005 at 2:32pm
20 2129 By momof2
17/February/2005 at 12:05pmView Last Post
Hot Topic
state of disgrace
By Hunter2, 15/April/2005 at 8:21am
20 3126 By pretzel_logic
16/February/2005 at 4:04amView Last Post
Hot Topic
Just had to say something
By hunter, 26/January/2005 at 9:25am
9 1159 By Casey
26/January/2005 at 9:44pmView Last Post
Hot Topic
Is it an addiction?
By KimM, 21/January/2005 at 5:28am
0 502 By KimM
21/January/2005 at 5:28amView Last Post
 New Topic Create New Topic Page  <123>

Forum Jump
Forum Permissions View Drop Down

Forum Software by Web Wiz Forums® version 12.07
Copyright ©2001-2024 Web Wiz Ltd.