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.


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frustrated-guy View Drop Down
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    Posted: 09/October/2007 at 3:54am
We should have a Canada Student Loan Ombudsperson.
 
There is a US federal student loan ombudsman, perhaps citing the American example will help convince the Canadian Gov to instigate an ombudsperson here too.
 
 
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thundercat View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote thundercat Quote  Post ReplyReply Direct Link To This Post Posted: 09/March/2008 at 8:55pm
I wish there was one I could take my situation to.  Unfortunately you only receive 800 numbers and people who can barely speak english.
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SolveStudentDebt View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 10/March/2008 at 12:36am
Bring it to me and I will see what I can do to help you.
 
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
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DonGautreaux View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote DonGautreaux Quote  Post ReplyReply Direct Link To This Post Posted: 09/March/2009 at 1:25am
Ok thanks .
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fried View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote fried Quote  Post ReplyReply Direct Link To This Post Posted: 11/March/2009 at 2:27am
I absolutely agree!

I'm having problems with my loan, and have no idea where to turn (since my main complaint is that the student loan "service" centre refuses to communicate with me at all).

Since there is no Student Loan Ombudsman, I've been writing letters to increasingly ridiculous recipients (I started off writing to the Department of Consumer Affairs, and have most recently written to Stephen Harper). We need an Ombudsman!!
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