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.

  FAQ FAQ  Forum Search   Register Register  Login Login

Forum LockedQuebec Loans Issues

 New Topic Create New Topic Show Topics
  Replies Views Last Post Reverse Sort Order
Forum Topics
Hot Topic
Repayment assistance after bankrupcty
By edwards, 16/November/2018 at 6:53am
0 5848 By edwards
16/November/2018 at 6:53amView Last Post
Hot Topic
11 3168 By Ferret
29/March/2018 at 12:07pmView Last Post
Hot Topic
Repayment of Quebec Student Loan
By Fishergirl, 14/October/2017 at 6:30pm
2 2160 By Fishergirl
22/November/2017 at 9:43amView Last Post
Hot Topic
Message Icon Loan from 1993-1997
By baxx, 28/May/2015 at 4:46am
2 4340 By SolveStudentDebt
02/June/2015 at 5:41amView Last Post
Hot Topic
Student Loans Denied
By StarScream2786, 20/July/2014 at 5:56pm
1 1896 By Tasiro
02/April/2015 at 10:17amView Last Post
Hot Topic
Loan from '99
By gozonuts, 27/August/2014 at 3:05am
1 2695 By SolveStudentDebt
29/August/2014 at 5:54amView Last Post
Hot Topic
Message Icon Loan Forgiveness for Teachers?
By Andrew01b, 04/August/2014 at 9:24am
1 3016 By administrator
04/August/2014 at 10:17amView Last Post
Hot Topic
1 7900 By gozonuts
08/November/2013 at 2:16amView Last Post
 New Topic Create New Topic

Forum Jump
Forum Permissions View Drop Down

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