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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Phyre View Drop Down
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Joined: 06/February/2007
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Phyre Quote  Post ReplyReply Direct Link To This Post Topic: Federal Loans forgiven
    Posted: 11/January/2013 at 9:32pm
A few years ago I posted here saying my BC loans were forgiven, which were really quite easy.

But I still had about $45k federal loans, and after reading all the failed applications I was afraid to send it off.  Then student loans started taking my GST/HST refund, and when you are living on disability in BC you really need that extra income to survive.

Also since my problems are episodic to a degree, and I have been doing fairly well lately I wanted to try working part time, but.. I was afraid student loans would step in and interfere. 

To be approved I think it really does matter if you have a good doctor that really wants to help you.  In August I was approved.  I also started working part time in January, hopefully my health will keep up.  I was honest with my doctor 100%.

With the loan I had I was better off not trying and just living on Disability, Before, even after earning my maximum potential, with minimum payments, I probably would have been living in a cardboard box.

In the long run I think the govt made the right choice even IF I manage to become employed full time in the future, and perhaps will no longer need disability assistance.  Because I now have a sense that there is hope for a better life. 

But I shouldn't get ahead of myself, it has only been a week since I started working part time.

But in any event, my student loans are gone.  It just took me about 10 years to have the courage to apply to get rid of them.
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Gully View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Gully Quote  Post ReplyReply Direct Link To This Post Posted: 29/January/2015 at 12:32am
Great to hear you've  received some relief. It really sucks being sick and I know I feel hopeless myself sometimes. I have no kidneys and am on dialysis waiting for a kidney transplant and it's been 8 years.
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