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 - Ontario Student Loans and Collection Agencies
  FAQ FAQ  Forum Search   Register Register  Login Login


Forum LockedOntario Student Loans and Collection Agencies

 Post Reply Post Reply
Author
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 Topic: Ontario Student Loans and Collection Agencies
    Posted: 08/April/2008 at 2:22pm
Hi Folks,
 
Be on the alert for those of you who have collection agencies tailing you for Ontario student loans. The Ontario Collection management unit has apparently implemented a new policy regarding the consent that is required in order to have someone assist you with troubling situations. This consent has to be issued to you from the collection agency, and must be notarized. When this form is requested, certain Collection agencies actually stall sending you this special form as a way to discourage you from seeking assistance (which is a clear violation of your rights, and also a demonstration that the agency and government does not follow it's own policy).  The collection agencies are using this as a ploy, and they are doing everything they can to discourage you from seeking help. Some collectors are actually going as far as telling people that they can't seek help from any group (even The CFW Group), or shouldn't because no one can actually help them. This, of course, is false.
 
If you receive calls from any collectors saying that they can help you and that no one else can,  or that no one is allowed to communicate with them reagrding your student loan (vice versa), be on guard. The one thing that collectors despise most is when you find a voice - and assistance  that will remove them from any control or ability to manipulate you for the purpose of collecting a dollar.
 
Thought you should all know. If you experience any trouble like this, it should be reported.
 
 
 
 
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
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.