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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Joined: 27/November/2007
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Post Options Post Options   Thanks (0) Thanks(0)   Quote terra312 Quote  Post ReplyReply Direct Link To This Post Topic: just plain tired
    Posted: 27/November/2007 at 12:20pm
Biggest mistake I ever made was going back to school. When I was 14 I was having some personal problems and was removed from my home and school, so I recieved no high school education at all. When I hit 24 had a child and ended up being a single parent, I thought, self, you should go and get that education everyone is talking about. All I wanted was to get out of the minimum wage trap and try to make a better life for me and my children. So I went to westervelt for a hotel management course. I told them I had no high school education and they told me that was no problem. I got near the end of the course and I could not do the math. That was never my strong suit. Needless to say, I failed the course and was still stuck in the same dead end jobs I`m stuck in now ten years later. I have no idea how much I owe, but I do know its over 15,000. I was refused interest relief. I dont know why. At that time I earned about 900 a month after deductions. The payments they wanted from me were 350 a month. On top of that I had to pay 550 for rent. Sad times indeed. I had to start stealing food from the stores to feed my daughter, I had no property of any kind. No phone, no cable, no way to contact anyone. Having no phone at least allowed me some relief from the collecter calls. Things are a little bit better now. I work full time at a minimum wage job supporting my two children alone still. I`m fortunate to live in geared to income housing so my rent is never more than 250 a month. Pretty sad that some people earn what I do and have to pay 600 plus utilities on top of that. I always felt I did the best I could to raise my kids, I always have my bills paid on time, With the exception of that student loan. I dont see how I will ever be able to pay it. When my kids grow up and move out, I will have to leave my housing too. I will still be unable to pay my debt. I`m hoping that maybe one day, I`ll be able to claim bankrupt on that loan, as it is the only debt I owe other than my regular day to day necessities. My oldest daughter will be ready for college in 2 more years. I want to encourage her, but at the same time I keep telling her, whatever you do do NOT get a student loan. Unfortunatly, she probably will, and I only hope she doesnt have the troubles I do. I`m done crying about money and this debt. All that matters to me now is that I have a roof over my head and food on my fridge. I`ve already resigned myself to the fact that I will have to work till the day I die. I will never own a home, or have any kind of financial security. If I hadn`t gone to school my life could have been so much different. Oh well c`est la vie. The kicker too is that I went for upgrading to try yet again to pull myself out of this minimum wage life . It was a free program run by the government to get your highschool diploma. Unfortunatly I was not allowed to take the program because my elementary transcripts were lost. I cant even prove I have grade 8 education. I had people trying to help me and after numerous phone calls and advocates trying to locate them, they are no where to be found. SO now I have absolutly no education and  a huge debt. What fun. All I can say is I give up. 
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