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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Shasta View Drop Down
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    Posted: 05/October/2005 at 7:17am

Can anyone clarify what the timeline is for applying for IR on both a Canada Student loan and BC Prov loan? I know it runs approx. 6 months at a time but what is the amount of months in their entirety for both.

I was told 60 months but just got off the phone with collections, since my intererest relief on my Canada loan was approved and the BC one is still pending. But the BC one has already been sent ot collections because its 120 days over due.

The BC one was orignally denied because I was lacking a document stating, no income, from someone other than a fmaily member.

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Shasta View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Shasta Quote  Post ReplyReply Direct Link To This Post Posted: 05/October/2005 at 7:17am
Oh yeah collections said "18 months for BC, 30 for Canada"
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nago View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nago Quote  Post ReplyReply Direct Link To This Post Posted: 06/October/2005 at 6:54pm
30 mths and then 24 more for bridging=total time 54 months
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