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
2unrelated topics, confusion
By dujylyn, 23/August/2005 at 12:00pm
4 3376 By nago
06/October/2005 at 7:03pmView Last Post
Hot Sticky Topic
27 31643 By SolveStudentDebt
07/August/2006 at 9:44amView Last Post
Hot Sticky Topic
30 13561 By SolveStudentDebt
09/March/2005 at 6:12pmView Last Post
Hot Topic
Charter Challenge Question
By YaYaGrandmother, 25/February/2005 at 1:55pm
0 587 By YaYaGrandmother
25/February/2005 at 1:55pmView Last Post
Hot Topic
TheSpirit--Any progress??
By kwelmm, 15/December/2004 at 12:54pm
0 507 By kwelmm
15/December/2004 at 12:54pmView Last Post
Hot Topic
New to the forum
By nouseforaname, 16/March/2006 at 6:57am
0 656 By nouseforaname
16/March/2006 at 6:57amView Last Post
Hot Topic
Other people???
By Struggling, 27/August/2006 at 8:39pm
0 476 By Struggling
27/August/2006 at 8:39pmView Last Post
Hot Topic
A newbie’s story
By GuGu, 25/July/2006 at 6:30am
0 638 By GuGu
25/July/2006 at 6:30amView Last Post
Hot Topic
Life in debt
By Broke4Life, 03/October/2007 at 7:44am
0 722 By Broke4Life
03/October/2007 at 7:44amView Last Post
Hot Topic
Hard lesson learned
By paulaffleck, 11/October/2007 at 5:43pm
0 592 By paulaffleck
11/October/2007 at 5:43pmView Last Post
Hot Topic
Student Loan Hell
By terribletrick, 25/April/2005 at 9:39am
0 1008 By terribletrick
25/April/2005 at 9:39amView Last Post
Hot Topic
OSL Paid, CSL Outstanding...help@!
By MissTri, 03/February/2006 at 11:00pm
0 639 By MissTri
03/February/2006 at 11:00pmView Last Post
Hot Topic
Debt Loads
By sharpetorium, 08/September/2005 at 2:49pm
0 778 By sharpetorium
08/September/2005 at 2:49pmView Last Post
Hot Topic
Liens/income assistance....help
By worried, 28/May/2004 at 3:59am
0 483 By worried
28/May/2004 at 3:59amView Last Post
Hot Topic
Bank of Montreal Nightmare
By breezley74, 03/June/2004 at 5:21am
0 1920 By breezley74
03/June/2004 at 5:21amView Last Post
Hot Topic
US Residency
By Mersan, 04/June/2004 at 11:16am
0 901 By Mersan
04/June/2004 at 11:16amView Last Post
Hot Topic
0 471 By torontoboy26
19/April/2004 at 2:44pmView Last Post
Hot Topic
0 1488 By bears4life
20/November/2018 at 5:34pmView Last Post
Hot Topic
dealing with lawyers
By toronto2, 13/May/2004 at 8:18am
0 428 By toronto2
13/May/2004 at 8:18amView Last Post
Hot Topic
University debt
By Yorky, 21/September/2006 at 6:49am
0 821 By Yorky
21/September/2006 at 6:49amView 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.