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  123 9>
  Replies Reverse Sort Order Views Last Post
Forum Topics
Hot Sticky Topic
30 13562 By SolveStudentDebt
09/March/2005 at 6:12pmView Last Post
Hot Sticky Topic
27 31646 By SolveStudentDebt
07/August/2006 at 9:44amView Last Post
Hot Sticky Topic
2unrelated topics, confusion
By dujylyn, 23/August/2005 at 12:00pm
4 3377 By nago
06/October/2005 at 7:03pmView Last Post
Hot Topic
IT COULD HAPPEN TO YOU--Advice?
By kwelmm, 06/December/2004 at 11:41am
81 4082 By kwelmm
09/November/2004 at 3:12pmView Last Post
Hot Topic
new with SL debt and questions
By Cesca, 26/October/2004 at 8:35am
48 2206 By administrator
26/October/2004 at 4:58pmView Last Post
Hot Topic
to pay or not to pay?
By Tangotori, 15/December/2004 at 2:51pm
47 2552 By Islander
15/December/2004 at 3:09pmView Last Post
Hot Topic
Student Loan pardons
By BC.Loaner, 15/February/2004 at 3:55pm
38 7932 By skyhigh
19/November/2003 at 6:14amView Last Post
Hot Topic
32 2962 By shamedXcollectr
28/January/2005 at 6:13pmView Last Post
Hot Topic
NCO - R. Max Gold
By cuddybear, 28/January/2005 at 4:47pm
32 9555 By SolveStudentDebt
30/August/2008 at 3:56amView Last Post
Hot Topic
Do options really exist here?
By polyhymnia61, 07/January/2005 at 11:14am
28 1771 By nago
30/January/2005 at 10:37pmView Last Post
Hot Topic
have questions - need answers
By Coffee, 28/October/2004 at 6:19am
26 1396 By Coffee
29/October/2004 at 9:42amView Last Post
Hot Topic
Any bright ideas.
By joatec, 14/November/2004 at 6:44pm
24 1265 By CARGO1
16/November/2004 at 11:29amView Last Post
Hot Topic
Over 50k Club... Me = 60k
By Buried77, 27/April/2008 at 6:14pm
23 16744 By fiona1985
28/August/2011 at 11:44pmView Last Post
Hot Topic
A couple questions
By butterfly_angel, 05/August/2004 at 10:49pm
20 2797 By kwelmm
03/December/2004 at 9:18amView Last Post
Hot Topic
I can run I but can’t hide
By Ferren, 10/November/2004 at 6:37pm
18 1583 By masy
25/January/2005 at 9:25amView Last Post
Hot Topic
My Student Loan Experience
By mvtofino, 09/April/2005 at 1:23am
17 3682 By kwelmm
06/March/2005 at 3:57amView Last Post
Hot Topic
Spouse’s Bankruptcy
By Sorrowful, 14/November/2004 at 6:20pm
16 1805 By kwelmm
23/January/2005 at 4:37pmView Last Post
Hot Topic
15 14261 By administrator
23/May/2012 at 6:01amView Last Post
Hot Topic
anyone else a smoker now?
By portia, 06/August/2004 at 1:03pm
14 1245 By hunter
19/April/2004 at 10:17amView Last Post
Hot Topic
CSL in arrears
By silence2long, 20/March/2005 at 6:51am
14 1929 By SolveStudentDebt
26/January/2005 at 5:43pmView Last Post
 New Topic Create New Topic Page  123 9>

Forum Jump
Forum Permissions View Drop Down

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