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 LockedBankruptcy and Proposal Info and Issues

 New Topic Create New Topic Show Topics Page  123 14>
  Replies Views Last Post
Announcements
Hot Announcement
Bill C-55 Actual Wording
By administrator, 24/November/2005 at 11:28pm
0 3595 By administrator
24/November/2005 at 11:28pmView Last Post
Hot Announcement
9 11903 By nooka11
22/October/2009 at 6:38pmView Last Post
Hot Announcement
11 6588 By kymbeee
05/May/2015 at 2:14pmView Last Post
Hot Announcement
0 2454 By administrator
22/November/2012 at 8:23amView Last Post
Hot Announcement
0 3228 By administrator
22/November/2012 at 8:26amView Last Post
Hot Announcement
Bill C-55 Rammed through House
By administrator, 22/November/2005 at 10:43pm
0 3645 By administrator
22/November/2005 at 10:43pmView Last Post
Forum Topics
Hot Sticky Topic
Absolution after Consumer Proposal
By terrym, 20/February/2005 at 1:22pm
37 22831 By lola36
21/July/2011 at 7:24amView Last Post
Hot Topic
CP accepted, secured cards
By youtube101, 21/July/2013 at 5:14am
3 463 By philbain
21/July/2013 at 7:27amView Last Post
Hot Topic
Message Icon It's Been 10 Years...
By xstudent, 23/July/2007 at 7:54am
1 825 By SolveStudentDebt
23/July/2007 at 9:36amView Last Post
Hot Topic
20 1615 By SolveStudentDebt
22/October/2005 at 11:10amView Last Post
Hot Topic
Out of the country and...?
By WildTeddyBear, 29/June/2004 at 4:50pm
0 478 By WildTeddyBear
29/June/2004 at 4:50pmView Last Post
Hot Topic
Message Icon Total Payment?
By whelansm, 05/January/2010 at 7:14pm
1 379 By SolveStudentDebt
07/January/2010 at 8:19amView Last Post
Hot Topic
Credit Councelling and Wells Fargo
By whattodo, 20/February/2007 at 8:21am
1 679 By masy
23/February/2007 at 1:37amView Last Post
Hot Topic
Pre 10 year rule bankruptcy
By wendyj, 08/January/2005 at 10:42am
4 1418 By wendyj
07/January/2005 at 4:55pmView Last Post
Hot Topic
1 685 By SolveStudentDebt
02/April/2012 at 3:00amView Last Post
Hot Topic
Any options for 19 year default
By vlole, 13/June/2012 at 5:52pm
2 505 By administrator
15/June/2012 at 6:46pmView Last Post
Hot Topic
Seven years rule issue
By vincentmusic, 19/July/2012 at 8:39am
12 5322 By SolveStudentDebt
22/November/2012 at 3:38amView Last Post
Hot Topic
can’t wait to go bankrupt
By vickie, 12/October/2005 at 5:20pm
8 1139 By polyhymnia61
15/October/2005 at 11:06pmView Last Post
Hot Topic
collections/consolidation question
By vango, 20/March/2004 at 6:45am
0 603 By vango
20/March/2004 at 6:45amView Last Post
Hot Topic
8 1110 By Angela
17/September/2008 at 8:44amView Last Post
 New Topic Create New Topic Page  123 14>

Forum Jump
Forum Permissions View Drop Down

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