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 LockedBankruptcy and Proposal Info and Issues

 New Topic Create New Topic Show Topics Page  123 14>
  Replies Reverse Sort Order Views Last Post
Announcements
Hot Announcement
Bill C-55 Rammed through House
By administrator, 22/November/2005 at 10:43pm
0 3645 By administrator
22/November/2005 at 10:43pmView Last Post
Hot Announcement
Bill C-55 Actual Wording
By administrator, 24/November/2005 at 11:28pm
0 3596 By administrator
24/November/2005 at 11:28pmView Last Post
Hot Announcement
0 2455 By administrator
22/November/2012 at 8:23amView Last Post
Hot Announcement
0 3229 By administrator
22/November/2012 at 8:26amView Last Post
Hot Announcement
9 11906 By nooka11
22/October/2009 at 6:38pmView Last Post
Hot Announcement
11 6591 By kymbeee
05/May/2015 at 2:14pmView Last Post
Forum Topics
Hot Sticky Topic
Absolution after Consumer Proposal
By terrym, 20/February/2005 at 1:22pm
37 22832 By lola36
21/July/2011 at 7:24amView Last Post
Hot Topic
Old Bankruptcy - Defaulted - Help?
By Brucio, 07/March/2006 at 1:47pm
0 635 By Brucio
07/March/2006 at 1:47pmView Last Post
Hot Topic
Bankruptcy and a new student loan
By bankrupt_rob, 28/October/2004 at 1:15pm
0 449 By bankrupt_rob
28/October/2004 at 1:15pmView Last Post
Hot Topic
Will it hurt me in the end?
By countrygirl2094, 03/November/2004 at 4:48am
0 556 By countrygirl2094
03/November/2004 at 4:48amView Last Post
Hot Topic
0 515 By mr.sussex
05/May/2007 at 7:23amView Last Post
Hot Topic
where it's at
By Pretzel, 16/June/2007 at 1:11am
0 613 By Pretzel
16/June/2007 at 1:11amView Last Post
Hot Topic
collections/consolidation question
By vango, 20/March/2004 at 6:45am
0 603 By vango
20/March/2004 at 6:45amView Last Post
Hot Topic
What is the the benefit of proposals?
By Athena, 10/April/2004 at 12:28am
0 664 By Athena
10/April/2004 at 12:28amView Last Post
Hot Topic
defaulted loan lump sum
By joe90, 14/June/2004 at 6:43pm
0 619 By joe90
14/June/2004 at 6:43pmView Last Post
Hot Topic
bankruptcy and leaving the country
By danny, 17/June/2004 at 8:04pm
0 718 By danny
17/June/2004 at 8:04pmView Last Post
Hot Topic
0 1697 By SolveStudentDebt
16/June/2019 at 11:56pmView Last Post
Hot Topic
How much and to whom?
By scrood, 30/April/2005 at 3:23am
0 468 By scrood
30/April/2005 at 3:23amView Last Post
Hot Topic
0 580 By ggcanada
06/August/2005 at 1:33amView Last Post
Hot Topic
Negotiating a payoff
By chokdii, 24/August/2005 at 3:08pm
0 862 By chokdii
24/August/2005 at 3:08pmView Last Post
 New Topic Create New Topic Page  123 14>

Forum Jump
Forum Permissions View Drop Down

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