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 LockedRepayment Assisstance Plan (RAP) Issues

 New Topic Create New Topic Show Topics Page  123 13>
  Replies Views Last Post Reverse Sort Order
Hot Announcement
New RAP thresholds Nov 1 2016
By administrator, 01/November/2016 at 1:52pm
0 2340 By administrator
01/November/2016 at 1:52pmView Last Post
Hot Announcement
5 5892 By Alamode
08/December/2014 at 2:29pmView Last Post
Hot Announcement
11 6373 By seekinganswers
10/May/2010 at 3:59amView Last Post
Hot Announcement
By administrator, 15/June/2009 at 4:42pm
6 5458 By Marigold
21/August/2009 at 5:16pmView Last Post
Hot Announcement
1 3320 By Madmorrigan
02/April/2009 at 10:00amView Last Post
Forum Topics
Hot Sticky Topic
Interest Monkey
By kaz_z, 19/September/2005 at 5:38am
3 4795 By redtoys
31/July/2010 at 3:21pmView Last Post
Hot Topic
0 1859 By aaska
22/May/2022 at 4:25pmView Last Post
Hot Topic
0 1033 By SolveStudentDebt
01/April/2022 at 1:06pmView Last Post
Hot Topic
0 2446 By SolveStudentDebt
31/August/2021 at 2:17pmView Last Post
Hot Topic
RAP Limits
By newheretostuff, 18/June/2019 at 12:26am
0 4290 By newheretostuff
18/June/2019 at 12:26amView Last Post
Hot Topic
0 1474 By Tinkle
27/May/2019 at 3:19amView Last Post
Hot Topic
17 52472 By 00Debbie00
16/April/2019 at 9:06amView Last Post
Hot Topic
Forever stuck in the program
By Sariiya, 27/March/2018 at 8:45am
1 2920 By Faramir
27/February/2019 at 12:24pmView Last Post
Hot Topic
3 2281 By SolveStudentDebt
26/January/2018 at 1:39pmView Last Post
Hot Topic
RAP Approved - Part Time Job
By newheretostuff, 21/January/2018 at 2:59am
0 1678 By newheretostuff
21/January/2018 at 2:59amView Last Post
Hot Topic
0 2859 By SolveStudentDebt
16/October/2017 at 4:57amView Last Post
Hot Topic
0 2731 By newheretostuff
04/July/2017 at 9:17amView Last Post
Hot Topic
0 2768 By Benin
28/February/2017 at 3:23pmView Last Post
Hot Topic
Debt Repayment Advice -$80,000
By wrennard, 04/July/2014 at 4:39am
1 2357 By Benin
28/February/2017 at 3:14pmView Last Post
Hot Topic
9 6840 By rikabee
26/January/2017 at 3:18amView Last Post
 New Topic Create New Topic Page  123 13>

Forum Jump
Forum Permissions View Drop Down

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