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 - CSL serving me papers??
  FAQ FAQ  Forum Search   Register Register  Login Login


Forum LockedCSL serving me papers??

 Post Reply Post Reply
Author
OrioFTW View Drop Down
Newbie
Newbie


Joined: 10/April/2014
Location: Hamilton
Points: 2
Post Options Post Options   Thanks (0) Thanks(0)   Quote OrioFTW Quote  Post ReplyReply Direct Link To This Post Topic: CSL serving me papers??
    Posted: 10/April/2014 at 8:55am
I would like some advice on how to handle my CDON Integrated loan that i took out sept 2002 (I left school and did not return after April 2003) totals $9984 -- around $5K of that loan was for my residence costs at Mohawk College. 

Someone had attempted delivery of important documents which i missed yesterday and they are reattempting tomorrow. They are from "Canada Student Loans" and If they are planning to take me to court I would like some help on what i need to do or what my options are.

I have not been back to school since 2003 and have dealt with alot of hardships over the last 11 years.  I'd prefer NOT to declare bankruptcy but there has to be something i can do. I have become single as of recently so i have only my own income to deal with at this point. And i would also like to avoid having my wages garnished as it would barely cover my bills. 

My credit report only shows one portion of my student loan.. and no one seems to know where the other portion is. 

Any suggestions or help? 

(Johnny I have sent you a msg through CFW site already)

Thanks, 


Back to Top
Sponsored Links


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.