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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    Posted: 20/February/2014 at 5:59am
I got a letter last summer from the CRA asking me to contact them regarding my osap loan which was I think was in 2006 when I went to school but that did not work out,

I get letters in the mail asking me to pay a minimum payment and the total is 2900
payment asked to pay are 371,

from my understanding this loan was from 8 years ago or so since then I never made a single payment or talked to anyone ever about this, 
I had someone call me a few times and I think i just said Im busy now call back later,

the point is I never made any payments and its been 8 years i thought that after 6 years it becomes statute barred ? but obviously its not because I still get letters and every month they add 10$ in interest

so for example May 2013 they asked me for 2880 june they asked for 2890 and then 2900 next month, 

I dont want to be in debt anymore so I was looking at options but I really can't pay this, I dont have a job and I get no income , I have not reported income in over 6 years, 

I do have some money in the bank and that money has never been touched or pulled out, regardless of the treatning letters from CRA saying that if I dont respond in 15 days they will take actions, ( that was a year ago ) and nothing happened and I even have a credit card from my bank which I use often and no problems. 

so what are my options here ? 
I guess first to find out if its statute barred? but I dont think it is otherwise why am I still getting letters every month with 10$ in interested added every month,
is there anything I can for example settle for a 1 payment to end this debt ? 
I obviously rather have them just cancel this debt and not pay anything so please help me to do this the best way without having to pay it all 

  
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