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 LockedNews, Announcements and Alerts

 New Topic Create New Topic Show Topics Page  <12345 10>
  Replies Views Reverse Sort Order Last Post
Announcements
Hot Announcement
0 5932 By administrator
23/May/2006 at 6:01amView Last Post
Hot Announcement
NCO Suing aggressively
By administrator, 13/September/2005 at 3:04pm
4 6625 By SolveStudentDebt
30/August/2008 at 1:20pmView Last Post
Hot Announcement
Student Loans Can Be Rehabilitated
By administrator, 22/September/2010 at 4:05am
1 7067 By administrator
22/September/2010 at 4:06amView Last Post
Hot Announcement
2 7177 By administrator
04/July/2005 at 6:12amView Last Post
Hot Announcement
2 8608 By SolveStudentDebt
16/October/2017 at 5:10amView Last Post
Hot Announcement
0 16716 By administrator
08/February/2010 at 12:41pmView Last Post
Hot Announcement
Bankruptcy Law News!
By administrator, 20/December/2007 at 4:23am
96 22108 By trojen63
10/January/2009 at 3:41pmView Last Post
Forum Topics
Hot Sticky Topic
0 580 By administrator
02/January/2016 at 4:40pmView Last Post
Hot Sticky Topic
0 1956 By administrator
06/June/2005 at 5:03pmView Last Post
Hot Topic
0 140 By frustrated-guy
02/December/2007 at 1:00pmView Last Post
Hot Topic
Debt up 32%
By administrator, 29/April/2009 at 5:48am
0 147 By administrator
29/April/2009 at 5:48amView Last Post
Hot Topic
0 160 By pogorelichfan
26/August/2007 at 7:41amView Last Post
Hot Topic
0 175 By administrator
02/April/2009 at 5:22amView Last Post
Hot Topic
ICLR's
By pogorelichfan, 06/April/2007 at 1:56pm
0 178 By pogorelichfan
06/April/2007 at 1:56pmView Last Post
Hot Topic
0 187 By frustrated-guy
21/February/2007 at 4:54amView Last Post
Hot Topic
0 189 By frustrated-guy
31/August/2007 at 8:06amView Last Post
Hot Topic
Message Icon Comprehensive Report Underway
By pogorelichfan, 07/June/2007 at 7:47pm
0 197 By pogorelichfan
07/June/2007 at 7:47pmView Last Post
Hot Topic
0 197 By frustrated-guy
28/January/2008 at 5:04amView Last Post
Hot Topic
0 202 By pogorelichfan
07/August/2007 at 10:25amView Last Post
Hot Topic
0 203 By pogorelichfan
26/April/2007 at 6:27amView Last Post
 New Topic Create New Topic Page  <12345 10>

Forum Jump
Forum Permissions View Drop Down

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