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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Forum LockedHow Early Can CA's Call?

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mykel67 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote mykel67 Quote  Post ReplyReply Direct Link To This Post Topic: How Early Can CA's Call?
    Posted: 08/February/2008 at 3:38am
I got a call from an "unknown name/number" at 7:10 this morning.  It was an automated recording about an "important financial matter" and identifed me by name.  It then gave me four options (like, press "4" if this is the wrong number so we can update our records).  I just hung up and went on with my breakfast.
 
This is the first call like that I've had, and I'm wondering if it might be about an old student loan.  The last payment I'd made on that was back in 1998, just before I filed a Consumer Proposal to deal with my debt.   Nordon harrassed me for awhile, then D & A Corp., but haven't heard anything in the last few years...
 
Is this likely a CA for my old loan?  Are they allowed to call at 7:10 in the morning?
 
 
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justme123 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote justme123 Quote  Post ReplyReply Direct Link To This Post Posted: 29/December/2009 at 4:02am
Each province has different rules concerning what times the calls can start.Some provinces like BC are at 7am.
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Syne View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Syne Quote  Post ReplyReply Direct Link To This Post Posted: 29/December/2009 at 3:42pm
Why didn't you press 4?
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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: 30/December/2009 at 2:41am

8 AM for calling in most provinces.

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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