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 LockedOn disability but may have 30yr old loan

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    Posted: 09/April/2018 at 12:37pm
Hi I am on CPP and ODSP. I am unable to work. I got OSAP in the mid 1990s. I am not sure if my loan has been forgiven. I think that the federal portion may have been but it is my understanding that the Ontario portion has no statue of limitations. I recently filed income tax after not doing so for over 10 years at the request of a community agency. My understanding is that the funds owed to me (which are significant) will probably be taken by the Ontario portion of my loan. If I apply to have my loan forgiven due to disability, will I get back the money owed to me? Also if I apply to have the Ontario portion of the plan removed, will this mean that I have acknowledged the debt for the Canada portion of the loan? How long will it take to get the Ontario portion of the loan dismissed? Is it likely it will be a straightforward process for someone who has been on Disability for over 10 years? Do they sometimes deny people in similar situations? I am very concerned about this whole thing and am concerned that filing income tax and attempting to dismiss my loan will result in a huge, complicated mess. I'm sick and under enough stress already.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 11/April/2018 at 7:00am
Anything you do in respect of the Federal student loan with CRA Non-Tax Collections has no effect on anything outside of that jurisdiction. Same applies to OSAP. 

If your Ontario loan is in active recovery. and not statute barred, then the rebate will be captured by the federal set-off program. If you appeal to the government to set aside your loan due to hardship, then the lien is removed, based on the removal from recovery. 

If you file and happen to lose that rebate to the federal set-off program, and file an appeal to the MTCU for the removal of that loan due to hardship and it is approved, then you would have to make a separate appeal to them to return it (all or some) based on the need for it. If the government is satisfied then they can return all or some. Each case is unique. In a lot of cases though. They simply say "that money was applied before hand, so therefore not legally required to return it. Escalate your argument up the hill", or something to that effect. 

My advice to you is if you are appealing to them for removal of the loan, simply dot every I, and cross every T. Don't state or file anything that you can prove or demonstrate. 

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

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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 11/April/2018 at 7:05am

Typo king strikes again. Don't state or fie anything that you CANNOT prove or demonstrate. 
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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Post Options Post Options   Thanks (0) Thanks(0)   Quote Crested Quote  Post ReplyReply Direct Link To This Post Posted: 11/April/2018 at 7:16am
Thanks for your reply. I may have more concerns in future but your answer is very helpful
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 11/April/2018 at 7:20am
No sweat. Keep the chin up and ask questions, man. 
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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