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.


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Joined: 17/June/2015
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    Posted: 17/June/2015 at 5:17am
Hi everyone, I'm hoping I can get some answers here because my trustee is ignoring me after I questioned whether his info was correct.  Here is the breakdown:

Last date of Study is April 2001
Bankruptcy in 2002 discharged in 2003 (student loans survived obviously)
Consumer proposal after my divorce in December 2013 going until 2018 with student loans included. CIBC accepted the proposal.

My employer wants to send me back to school and the program is at one of the colleges. They are going to pay for it all.  My question is - does my 7 year period start over and my loans survive the proposal or am I safe because it was 12 years after my date of study?  I don't want to screw up my proposal and my trustee said it depends on who the creditor is but I "should" be okay.  Should makes me scared.

Thanks!!
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