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 - Out of the country and...?
  FAQ FAQ  Forum Search   Register Register  Login Login


Forum LockedOut of the country and...?

 Post Reply Post Reply
Author
WildTeddyBear View Drop Down
Newbie
Newbie
Avatar

Joined: 29/June/2004
Points: 1
Post Options Post Options   Thanks (0) Thanks(0)   Quote WildTeddyBear Quote  Post ReplyReply Direct Link To This Post Topic: Out of the country and...?
    Posted: 29/June/2004 at 4:50pm

I graduated in '97 moved stateside in 2000.  I've been paying my studen loan steadily.  Paid over 2/3 of it.  Now I am in some financial difficulties at this time and don't know when and if I can continue with payments.  Have also some credit card debt all in all studen loan and creadit card total is $35000.  Now I have not been able to pay may payments for 4 mo.  My monthly payments totaled to $1000-1200.  I can keep up any longer.   I tried earlier about 1 year ago taking to the bank about consolidation...they didn't even want to hear about it...because I have work out of the country. Don't know whatr to do now.  I would appreciate any sugestions    

                                                Confused WildTeddyBear

Back to Top
Sponsored Links


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.