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 LockedStudent Loans taking taxes

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ClemmKidd View Drop Down
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Joined: 21/April/2018
Location: Ontario
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    Posted: 21/April/2018 at 5:47am
Hello everyone,

So to keep this simple I thought I owed up around $40,000 to OSAP... I haven’t graduated and dropped out a million times over 10 years, I have since given up.
I haven’t been in a financial spot to pay my loans at all.
I was doing the repayment assistance program but the last time I tried to set it up they asked me for pictures of my pay stubs, so I tried 3 separate times to send them and every time they wouldn’t send because the image was “too big”.
I was using my cell phone so I couldn’t change the size without changing the resolution to a point where you couldn’t read it.
It finally sent after I think I used my laptop camera so I called and asked if I had any other options just in case, well the guy said it went through. PERFECT! Finally, okay cool.
Well a couple days later I get a message saying they couldn’t read it. So I gave up.
Well, since then my account has been broken up into two and I don’t know how much I owe or where I owe it to.

My most up to date info is Minitry of Finance sent my account to Total Credit Recovery in the amount of $10,071 and I believe the CRA is after me for $24,537. So that’s less than my original amount.

I went to do my taxes and someone (CRA?) wants to take my tax return. I can’t afford to even pay the person to do my taxes. I’m behind on so much, I’ve been working to get my credit card paid off which my mom helped me with so I have been paying her 200 a week to try to get that done, I have a phone bill that is way passed due, we just put our dog down, I have a speeding ticket I have to pay, and my boyfriend and I are flat broke. We can’t even afford groceries at the moment.
I don’t know what to do.

Apparently my interest with CRA is $1442 and if I pay that plus two payments of $425 they will send it back to NSL, but I don’t have any money to do that.
I make decent money but I’ve been trying to get out of debt for so long and it just keeps getting worse.
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