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 LockedArchived Urgent Help Needed Posts

 New Topic Create New Topic Show Topics Page  123 88>
  Replies Views Last Post
Announcements
Hot Announcement
7 9981 By eshelton
01/July/2005 at 8:55amView Last Post
Hot Announcement
Grant Overpayments
By valerielynn, 05/April/2004 at 7:54am
127 48545 By herrpfeif
22/January/2012 at 5:00pmView Last Post
Forum Topics
Hot Sticky Topic
Moved to the United States
By banana_19, 13/August/2005 at 8:08am
51 38107 By anamtark
01/September/2008 at 3:57amView Last Post
Hot Sticky Topic
I tried my best
By kapman, 11/August/2005 at 9:33am
5 9568 By SolveStudentDebt
18/August/2005 at 4:46amView Last Post
Hot Sticky Topic
Just want to give up
By liliana, 08/June/2005 at 7:21am
29 18618 By Iknowalotofstuff
04/December/2009 at 12:58amView Last Post
Hot Sticky Topic
marketplace
By momk, 08/February/2005 at 5:42am
12 6076 By whereto?
09/February/2005 at 8:44pmView Last Post
Hot Sticky Topic
student loans
By momk, 27/January/2005 at 9:35am
128 51442 By almoe
27/April/2010 at 9:12amView Last Post
Hot Sticky Topic
16 9606 By debtsucks
01/November/2005 at 5:45pmView Last Post
Hot Sticky Topic
Moving back to Canada
By sexymamma, 25/March/2005 at 10:41am
31 16754 By sexymamma
04/March/2005 at 12:46pmView Last Post
Hot Sticky Topic
17 9208 By Lisa
12/December/2005 at 8:32amView Last Post
Hot Sticky Topic
Making Payments
By Tera, 23/March/2005 at 2:39pm
1 5177 By kwelmm
23/March/2005 at 2:59pmView Last Post
Hot Topic
Where are my loans
By **TMS**, 17/March/2010 at 11:33am
2 269 By Syne
19/March/2010 at 3:36amView Last Post
Hot Topic
Rogers
By 062654, 03/January/2012 at 9:09am
3 589 By 062654
07/January/2012 at 8:19amView Last Post
Hot Topic
AHHHHHHH!
By 10+default, 05/July/2005 at 12:45pm
1 327 By administrator
06/July/2005 at 11:29amView Last Post
Hot Topic
A few Questions
By 1996Debt, 26/October/2010 at 7:51am
0 669 By 1996Debt
26/October/2010 at 7:51amView Last Post
Hot Topic
Debt Consolidation/ Bank change
By 1stepforward2bk, 19/September/2006 at 8:33am
0 381 By 1stepforward2bk
19/September/2006 at 8:33amView Last Post
Hot Topic
OSL Settlement? Johnny?
By 1stepforward2bk, 22/August/2007 at 7:36am
0 247 By 1stepforward2bk
22/August/2007 at 7:36amView Last Post
Hot Topic
Collections ?'s
By 2Shy, 05/February/2007 at 5:34am
4 392 By 2Shy
08/February/2007 at 4:09pmView Last Post
Hot Topic
Help! Collection Agency concerns
By 2TRD2ARGUE, 26/February/2008 at 6:12am
0 189 By 2TRD2ARGUE
26/February/2008 at 6:12amView Last Post
Hot Topic
20 days till collection time
By 454SS, 30/December/2004 at 7:30am
12 730 By Hunter2
31/December/2004 at 5:41amView Last Post
 New Topic Create New Topic Page  123 88>

Forum Jump
Forum Permissions View Drop Down

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