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 LockedCiBC and Edulinx Horror Stories

 New Topic Create New Topic Show Topics Page  123 6>
  Replies Views Reverse Sort Order Last Post
Announcements
Hot Announcement
What really happened at CIBC?
By administrator, 29/December/2006 at 10:36am
1 4000 By Roymar
17/October/2007 at 9:46amView Last Post
Hot Announcement
24 14822 By polyhymnia61
27/January/2005 at 11:46pmView Last Post
Hot Announcement
60 23569 By administrator
22/June/2007 at 7:33amView Last Post
Forum Topics
Hot Sticky Topic
3 6701 By SolveStudentDebt
14/August/2005 at 8:30amView Last Post
Hot Topic
RBC..........
By lasergirl, 17/September/2004 at 7:58am
3 666 By whereto?
17/September/2004 at 8:35pmView Last Post
Hot Topic
MistyChaos Where Are YOU ??
By silence2long, 30/January/2005 at 4:48am
0 666 By silence2long
30/January/2005 at 4:48amView Last Post
Hot Topic
Boycott update can you do your part
By markomeara, 05/September/2003 at 4:18am
0 705 By markomeara
05/September/2003 at 4:18amView Last Post
Hot Topic
Update on CIBC boycott
By Guests, 05/August/2003 at 2:18pm
0 727 By Guests
05/August/2003 at 2:18pmView Last Post
Hot Topic
Lost info faxed to CIBC
By fecalboy, 05/June/2005 at 7:22am
0 753 By fecalboy
05/June/2005 at 7:22amView Last Post
Hot Topic
Request of Information ignored
By LTeeple, 12/May/2005 at 5:43am
0 765 By LTeeple
12/May/2005 at 5:43amView Last Post
Hot Topic
Harrasment my CIBC SC operators
By mrresolved, 21/March/2005 at 9:21am
1 773 By mrresolved
21/March/2005 at 1:45pmView Last Post
Hot Topic
Problems with SIN number
By sasgirl, 08/April/2005 at 11:40am
0 780 By sasgirl
08/April/2005 at 11:40amView Last Post
Hot Topic
NCO and bank info?
By dams, 06/April/2005 at 2:33pm
1 784 By kwelmm
06/April/2005 at 2:50pmView Last Post
Hot Topic
email contact
By eshelton, 30/October/2004 at 8:16pm
1 790 By canadian
30/March/2004 at 11:08amView Last Post
Hot Topic
VOTE FOR THE CIBC!!!
By polyhymnia61, 10/May/2004 at 10:46am
1 792 By SocialismNow
10/May/2004 at 12:44pmView Last Post
Hot Topic
Pay off student debt.
By wdinesen, 07/June/2005 at 6:20am
0 801 By wdinesen
07/June/2005 at 6:20amView Last Post
Hot Topic
where di my debt go
By Observer, 30/March/2005 at 12:30pm
2 808 By jessicamk
30/March/2005 at 11:04amView Last Post
Hot Topic
1 810 By freebird
22/July/2005 at 4:32pmView Last Post
Hot Topic
I have a confession...
By Kristian, 20/February/2004 at 8:11am
3 814 By Kristian
20/February/2004 at 9:32amView Last Post
Hot Topic
I am so worried now what???
By hayleym72, 06/March/2006 at 6:32am
1 815 By SolveStudentDebt
06/March/2006 at 9:40amView Last Post
 New Topic Create New Topic Page  123 6>

Forum Jump
Forum Permissions View Drop Down

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