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 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 have been forced to cancel programs and layoff hundreds if not thousands of full-time and contract instructors.

Again, the Liberal government has messed up the education environment.


  New Posts New Posts RSS Feed - 3 part series in Sun newspapers
  FAQ FAQ  Forum Search   Register Register  Login Login


Forum Locked3 part series in Sun newspapers

 Post Reply Post Reply
Author
Buff View Drop Down
Groupie
Groupie


Joined: 15/July/2005
Points: 150
Post Options Post Options   Thanks (0) Thanks(0)   Quote Buff Quote  Post ReplyReply Direct Link To This Post Topic: 3 part series in Sun newspapers
    Posted: 25/June/2007 at 3:02pm
For those who didn't see it on Johnny's site, here are the articles about student loan troubles that were published in the Sun newspapers last week.
 
Buff
 
 
 
Back to Top
Sponsored Links


Back to Top
Staretz View Drop Down
Groupie
Groupie


Joined: 20/November/2004
Points: 120
Post Options Post Options   Thanks (0) Thanks(0)   Quote Staretz Quote  Post ReplyReply Direct Link To This Post Posted: 29/June/2007 at 1:55pm
Great stories, but, it would have been nnice if they had included stories about people at  the other end of the spectrum.  People who are still struggling to pay off their loans a decade or more after they left post secondary education because they accidently reset the clock when they went back to school to upgrade their skills.
Back to Top
SolveStudentDebt View Drop Down
Moderator Group
Moderator Group
Avatar

Joined: 05/November/2003
Location: Canada
Points: 5996
Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 29/June/2007 at 2:26pm

I had a discussion with CBC Radio about some of this earlier this week.

Johnny
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
Back to Top
polyhymnia61 View Drop Down
Member
Member
Avatar

Joined: 10/January/2003
Location: Netherlands
Points: 915
Post Options Post Options   Thanks (0) Thanks(0)   Quote polyhymnia61 Quote  Post ReplyReply Direct Link To This Post Posted: 29/June/2007 at 9:07pm
Originally posted by Staretz Staretz wrote:

Great stories, but, it would have been nnice if they had included stories about people at  the other end of the spectrum.  People who are still struggling to pay off their loans a decade or more after they left post secondary education because they accidently reset the clock when they went back to school to upgrade their skills.
 
Tiresome, isn't it? The focus is all on "young" people, and how their apparent "immaturity" has helped cause their problems, even though, with our ever-changing economy, so many people have had to return to school to ensure their employability.
 
It doesn't help that the government messes around with the student loan system every year so that students are never quite sure what's going on...but keep plugging along with their studies because they are in too deep to turn back...and keep telling themselves that once they get a good job, it will all be okay...Confused
 
I suspect that reporters have a story idea based on their preconceived notions, and only surf onto this site to find evidence to support their idea...and ignore the real stories...Is that what they teach in journalism school nowadays??
 
Wouldn't it be equally as interesting to write about those in their 30s and 40s and so on who are struggling despite their education and experience with banks and credit?
 
They are out there!! I can't remember how many times I would tell someone my story and they would respond with "My sister/cousin/aunt/uncle had exactly the same problem!!"
 
Do any of you lurking reporters out there dare to think outside the story-box? I challenge all of you...
Home is where you are allowed to prosper.
Back to Top
 Post Reply Post Reply

Forum Jump Forum Permissions View Drop Down

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