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 LockedDescribe your Debt Load!

 New Topic Create New Topic Show Topics Page  <12345 9>
  Replies Views Last Post
Forum Topics
Hot Topic
Understanding a defaulted loan.
By escapist, 10/August/2004 at 5:36am
1 753 By eshelton
04/November/2004 at 5:40pmView Last Post
Hot Topic
1 610 By northguiy4
22/August/2004 at 12:19pmView Last Post
Hot Topic
Feds worst debt masters
By Faramir, 27/February/2019 at 12:34pm
1 2297 By SolveStudentDebt
28/February/2019 at 12:20pmView Last Post
Hot Topic
student loan burden
By fatheroffour, 11/April/2006 at 7:39am
0 779 By fatheroffour
11/April/2006 at 7:39amView Last Post
Hot Topic
I’m new, here’s my story
By Feline, 18/August/2004 at 1:51pm
8 1245 By hunter
29/September/2004 at 1:46pmView Last Post
Hot Topic
I can run I but can’t hide
By Ferren, 10/November/2004 at 6:37pm
18 1586 By masy
25/January/2005 at 9:25amView Last Post
Hot Topic
1 1346 By SolveStudentDebt
30/April/2006 at 12:47pmView Last Post
Hot Topic
No loan, no education
By FrustratedDad, 13/June/2007 at 3:08am
1 824 By SolveStudentDebt
13/June/2007 at 10:37amView Last Post
Hot Topic
1 3124 By mikeinaus
23/January/2009 at 4:25pmView Last Post
Hot Topic
Statute barred debt
By granny, 26/November/2004 at 7:23am
4 665 By Islander
26/November/2004 at 8:35pmView Last Post
Hot Topic
A newbie’s story
By GuGu, 25/July/2006 at 6:30am
0 641 By GuGu
25/July/2006 at 6:30amView Last Post
Hot Topic
Not what I dreamed of...
By Habs Fan, 22/June/2004 at 3:54pm
8 867 By yng_mom
22/June/2004 at 7:35amView Last Post
Hot Topic
caught in the struggle
By hardtimez, 15/February/2007 at 1:08pm
2 4387 By hardtimez
18/February/2007 at 5:16pmView Last Post
Hot Topic
Student Loan with a couple of kids
By hunter, 06/April/2005 at 6:27am
4 799 By Jeni
21/April/2005 at 11:57amView Last Post
Hot Topic
Nightmare in BC
By inseriousdebt, 29/May/2004 at 10:22am
2 651 By Less
13/May/2004 at 7:53pmView Last Post
Hot Topic
Read This!!!!
By Jagermeister, 15/March/2004 at 6:51pm
0 598 By Jagermeister
15/March/2004 at 6:51pmView Last Post
Hot Topic
I’m gonna be sick...
By JamieO, 25/August/2005 at 8:40am
2 1019 By old hippy
25/August/2005 at 7:22amView Last Post
Hot Topic
a little advice needed
By jess81, 19/December/2007 at 8:13am
1 601 By Rachel Paige
24/December/2007 at 5:12amView Last Post
Hot Topic
Do you agree with me?
By jimnevets, 03/April/2004 at 1:58pm
2 555 By jimnevets
05/April/2004 at 5:49amView Last Post
Hot Topic
Any bright ideas.
By joatec, 14/November/2004 at 6:44pm
24 1266 By CARGO1
16/November/2004 at 11:29amView Last Post
 New Topic Create New Topic Page  <12345 9>

Forum Jump
Forum Permissions View Drop Down

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