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  <12345 13>
  Replies Views Last Post Reverse Sort Order
Forum Topics
Hot Topic
RAP & Full-time Studies in the US
By nms, 23/March/2012 at 8:09am
2 468 By administrator
06/April/2012 at 1:49pmView Last Post
Hot Topic
1 1040 By nms
23/March/2012 at 7:52amView Last Post
Hot Topic
3 3576 By ThisSomeGuy
01/March/2012 at 5:21pmView Last Post
Hot Topic
RAP - 10 or 15 years?
By old hippy, 02/February/2012 at 9:43am
1 516 By administrator
02/February/2012 at 11:06amView Last Post
Hot Topic
Stage 2 RAP
By randyr, 31/January/2012 at 7:03am
0 555 By randyr
31/January/2012 at 7:03amView Last Post
Hot Topic
RAP - tax refunds
By MrBee, 20/November/2011 at 7:38am
3 574 By SolveStudentDebt
21/November/2011 at 9:53amView Last Post
Hot Topic
2 763 By MrBee
21/November/2011 at 3:20amView Last Post
Hot Topic
3 515 By SolveStudentDebt
18/October/2011 at 11:03amView Last Post
Hot Topic
Confused/Concerned, New Grad
By btemp, 12/September/2011 at 10:51am
0 1407 By btemp
12/September/2011 at 10:51amView Last Post
Hot Topic
Arranging a deal payment
By gozonuts, 12/June/2009 at 4:57am
6 1805 By SolveStudentDebt
02/September/2011 at 3:35amView Last Post
Hot Topic
0 2501 By ErikaPayne
06/June/2011 at 5:27pmView Last Post
Hot Topic
Repayment Assistance Plan heads up
By Dingo, 22/February/2011 at 6:12am
6 3859 By PD
25/April/2011 at 8:32amView Last Post
Hot Topic
RAP
By Lululuv, 19/September/2010 at 8:47am
1 1040 By PD
09/April/2011 at 1:09pmView Last Post
Hot Topic
RAP / IR Criteria
By Spinney, 01/April/2010 at 7:03am
1 758 By PD
09/April/2011 at 12:55pmView Last Post
Hot Topic
Experience with RAP as a supply teacher?
By Radagast, 11/February/2011 at 11:49am
3 473 By SolveStudentDebt
01/March/2011 at 7:48amView Last Post
Hot Topic
Repayment Assistance Nightmare
By serg208, 06/April/2010 at 4:01am
3 1859 By administrator
14/September/2010 at 12:42pmView Last Post
Hot Topic
Maternity
By CHARR, 18/June/2010 at 5:58am
1 555 By icemaiden129
23/June/2010 at 11:19amView Last Post
Hot Topic
0 360 By nms
07/May/2010 at 4:29amView Last Post
Hot Topic
0 509 By zehwright
25/March/2010 at 2:10pmView Last Post
Hot Topic
RAP
By Lululuv, 09/March/2010 at 1:13pm
6 781 By noluckatall
21/March/2010 at 7:30pmView Last Post
 New Topic Create New Topic Page  <12345 13>

Forum Jump
Forum Permissions View Drop Down

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