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  <1234 9>
  Replies Reverse Sort Order Views Last Post
Forum Topics
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
chronic illness..
By sickdebtor, 22/March/2004 at 7:33am
0 541 By sickdebtor
22/March/2004 at 7:33amView Last Post
Hot Topic
Student Loan Centre
By Ninjaguyca, 10/April/2004 at 5:14am
0 524 By Ninjaguyca
10/April/2004 at 5:14amView 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
Debt Story
By patrick, 13/April/2004 at 7:47am
0 579 By patrick
13/April/2004 at 7:47amView Last Post
Hot Topic
I am leaving Canada.
By mr depression, 28/July/2004 at 9:57am
0 940 By mr depression
28/July/2004 at 9:57amView Last Post
Hot Topic
0 546 By mr.sussex
30/March/2007 at 4:37amView Last Post
Hot Topic
needing help from jonny
By chevysmom, 24/October/2004 at 8:26am
0 385 By chevysmom
24/October/2004 at 8:26amView Last Post
Hot Topic
Collection Agency-Alliance One Ltd.
By overdue, 19/November/2004 at 3:09am
0 1326 By overdue
19/November/2004 at 3:09amView Last Post
Hot Topic
just plain tired
By terra312, 27/November/2007 at 12:20pm
0 616 By terra312
27/November/2007 at 12:20pmView Last Post
Hot Topic
Advice Needed
By wniel, 16/April/2008 at 3:44am
0 374 By wniel
16/April/2008 at 3:44amView Last Post
Hot Topic
0 624 By thebear1979
17/September/2008 at 3:01pmView Last Post
Hot Topic
My story
By Sidney, 20/October/2008 at 4:25am
0 448 By Sidney
20/October/2008 at 4:25amView Last Post
Hot Topic
student loan consolodation
By spookisgirl, 20/October/2008 at 5:54am
0 599 By spookisgirl
20/October/2008 at 5:54amView Last Post
Hot Topic
Message Icon Drowning in it all!
By SadinEdmonton, 01/June/2009 at 7:22am
1 728 By administrator
01/June/2009 at 5:47pmView Last Post
Hot Topic
1 3124 By mikeinaus
23/January/2009 at 4:25pmView 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
My bottom line so far
By Southpa, 22/February/2007 at 8:50am
1 636 By SolveStudentDebt
22/February/2007 at 11:17amView Last Post
Hot Topic
off credit bureau
By porchelee, 09/October/2005 at 5:07pm
1 843 By SolveStudentDebt
10/October/2005 at 2:29amView Last Post
Hot Topic
No loan, no education
By FrustratedDad, 13/June/2007 at 3:08am
1 826 By SolveStudentDebt
13/June/2007 at 10:37amView Last Post
 New Topic Create New Topic Page  <1234 9>

Forum Jump
Forum Permissions View Drop Down

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