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 LockedSuggestions for Improvements for Student Loan Programs

 New Topic Create New Topic Show Topics Page  12>
  Replies Views Last Post Reverse Sort Order
Announcements
Hot Announcement
This is What Needs to be Changed!
By administrator, 28/November/2006 at 7:03pm
27 9910 By wrennard
03/February/2010 at 9:40amView Last Post
Forum Topics
Hot Topic
Message Icon "Grace Period" for Canada Student Loan
By Corinne, 04/November/2016 at 10:27am
9 9898 By Corinne
01/March/2019 at 4:41pmView Last Post
Hot Topic
7 7820 By Freya
19/November/2016 at 5:08amView Last Post
Hot Topic
0 1467 By Freya
19/November/2016 at 5:05amView Last Post
Hot Topic
Can Student Loan Evaluation Report
By KJo, 03/October/2014 at 10:47am
1 3139 By administrator
04/October/2014 at 5:28amView Last Post
Hot Topic
0 1573 By Radagast
18/July/2014 at 1:37amView Last Post
Hot Topic
Get with the times!
By fried, 11/March/2009 at 2:21am
1 2707 By amanderr
06/February/2013 at 4:48amView Last Post
Hot Topic
0 1827 By Radagast
07/November/2011 at 12:59pmView Last Post
Hot Topic
Student status while a student!
By auk, 15/June/2009 at 1:04pm
8 4470 By Dingo
16/September/2011 at 6:22amView Last Post
Hot Topic
0 2847 By SolveStudentDebt
25/July/2011 at 4:25pmView Last Post
Hot Topic
Fed loans and Millennial scholarship
By ax, 16/November/2010 at 5:29pm
0 2060 By ax
16/November/2010 at 5:29pmView Last Post
Hot Topic
0 2204 By xtos
11/March/2010 at 8:07pmView Last Post
Hot Topic
Message Icon Eliminate the "legal" loansharking
By Inexplicable, 02/November/2007 at 3:17pm
33 10758 By Madmorrigan
02/June/2009 at 6:55amView Last Post
Hot Topic
10 3728 By jhones.hamilton
28/May/2009 at 8:52pmView Last Post
Hot Topic
Student Loan Ombudsman
By frustrated-guy, 09/October/2007 at 3:54am
4 4622 By fried
11/March/2009 at 2:27amView Last Post
Hot Topic
Huge Crack in DRR and I fell In
By DB1972, 12/May/2008 at 1:44am
0 2293 By DB1972
12/May/2008 at 1:44amView Last Post
Hot Topic
Dont know what to do
By Trinthakas, 10/March/2008 at 12:38pm
9 2672 By SolveStudentDebt
14/March/2008 at 5:45amView Last Post
Hot Topic
My Situation
By thundercat, 09/March/2008 at 8:59pm
5 1048 By SolveStudentDebt
12/March/2008 at 3:57amView Last Post
Hot Topic
Education...before education!
By Banco, 06/September/2007 at 6:01am
3 1213 By old hippy
18/September/2007 at 12:11pmView Last Post
Hot Topic
Message Icon Changes Needed....
By mayrose, 23/August/2007 at 3:49am
0 606 By mayrose
23/August/2007 at 3:49amView Last Post
 New Topic Create New Topic Page  12>

Forum Jump
Forum Permissions View Drop Down

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