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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Sp3nc3r View Drop Down

Joined: 11/April/2021
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    Posted: 27/April/2021 at 8:46pm
Hi there,

My student loan has been in default since 2005 due to a disability(I was not diagnosed until after I graduated).

I am currently almost done paying off my provincial portion of my student loan. But my Canada student loan is nearly impossible to pay off as I cannot afford it. They(CRA collections) told me over the phone that my interest was above a few thousand dollars, and that I could not begin to make payments until I paid it off in full. When I spoke with actual student loans they couldnt seem to find my canada student loan and said to call the CRA collections to find out(Which i did months ago, pretty sure it was collections)

My question is, since it has been 16+ years and my last payment was in 2005, is there a way I can get it expunged? I heard that getting it waived is near impossible. I really would like to regain my credit to good standing.

I haven't made a single payment since 2005 but it still shows up on my credit report. I am really really badly wanting to fix my credit and try to begin a life, one where I can rent an apartment on my own.

Any help with options ideas would be GREATlY appreciated!

Thank you advance!
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SolveStudentDebt View Drop Down
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Joined: 05/November/2003
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 26/November/2021 at 6:24pm
There is a way if you can pass the tests for this as per the CSLFAA or limitations. If you still need help with this let me know and I can figure this all out for you. 

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