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.


  New Posts New Posts RSS Feed - Tax info
  FAQ FAQ  Forum Search   Register Register  Login Login


Forum LockedTax info

 Post Reply Post Reply
Author
b4240 View Drop Down
Newbie
Newbie


Joined: 08/February/2009
Points: 1
Post Options Post Options   Thanks (0) Thanks(0)   Quote b4240 Quote  Post ReplyReply Direct Link To This Post Topic: Tax info
    Posted: 08/February/2009 at 4:30am
Just wondering if I can claim the amount that is taken by the government ie. my whole refund.
 
My loan is in default and my refunds go towards my debt, can I claim this as interest paid on Student loan or something else, it is like 3000.
Back to Top
Sponsored Links


Back to Top
SolveStudentDebt View Drop Down
Moderator Group
Moderator Group
Avatar

Joined: 05/November/2003
Location: Canada
Points: 5996
Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 09/February/2009 at 2:11am
As long as there is no judgment in place you can claim the interest. \
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
Back to Top
b4240m View Drop Down
Newbie
Newbie


Joined: 23/November/2005
Points: 3
Post Options Post Options   Thanks (0) Thanks(0)   Quote b4240m Quote  Post ReplyReply Direct Link To This Post Posted: 09/February/2009 at 5:42am
How do I know if there is a judgement?  I get monthly statements from Human resources and social development Canada.  Financial services. 
 
Would I receive a receipt for the amount that was taken from them if I could?
Back to Top
SolveStudentDebt View Drop Down
Moderator Group
Moderator Group
Avatar

Joined: 05/November/2003
Location: Canada
Points: 5996
Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 09/February/2009 at 6:12am

You would know it if you had a judgment anchored in place. anything you pay in has to be recorded. You can request a statement of account anytime. I am not really sure I understand your question though.

Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
Back to Top
Takala View Drop Down
Newbie
Newbie


Joined: 24/February/2009
Points: 5
Post Options Post Options   Thanks (0) Thanks(0)   Quote Takala Quote  Post ReplyReply Direct Link To This Post Posted: 24/February/2009 at 6:40am
I also ask, how would I know if there were a judgment? NCO, about 4 or 5 years ago, said they would be seeking a judgment - or maybe they even said they had one - but there was never anything in writing. My loan has since been with 2 other other agencies, subsequent to NCO.
Back to Top
SolveStudentDebt View Drop Down
Moderator Group
Moderator Group
Avatar

Joined: 05/November/2003
Location: Canada
Points: 5996
Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 24/February/2009 at 3:09pm
Call CRA and they will tell you if you do. Or, call Justice canada and have them run a scrub on the system for anything. If there is they will refer you to whichever legal agent is handling it, or they will refer you to Justice CLAS for more details.
 
 
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
Back to Top
 Post Reply Post Reply

Forum Jump Forum Permissions View Drop Down

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