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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    Posted: 01/August/2014 at 1:45am
not sure if I am posting this in the right section or not. 
I have some student loans that are almost 20 years old now.
I went to college in the very late 90's in Ontario. 
I received OSAP as well as a Scotiabank loan. 
I had to drop out due to medical problems and never made a 
single payment on the loans. The government aspect was eventually payed off using income tax returns that were seized.
The Scotiabank part was never payed off. 
Recently I have been harasses all of a sudden by CBV collections. I just applied for a small loan on a vehicle and was 
turned down because the Scotiabank debt. Can a collection agency put that debt back on my credit rating? Can they still go after me legally for this debt. I have read online that this company has a terrible reputation for doing dodgy things and there are several law firms offering to help sue them. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 01/August/2014 at 6:05am
Limitations may be in place. That is a great benefit to those in hardship.  We can help you if you want some closure on that.
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 SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 01/August/2014 at 8:10am
Responded to your email earlier. I can help you come out from under this with a very good result.
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 jebs Quote  Post ReplyReply Direct Link To This Post Posted: 02/August/2014 at 1:37am
hi the for the response. Can they put a negative mark on my credit even though the debt is 18 years old. 
I didn't think they could put such an old debt back on your credit rating. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 05/August/2014 at 11:38am
Cannot know until it is first investigated. If not then you can rest assured.

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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