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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nago View Drop Down
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Joined: 01/December/2004
Location: Canada
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    Posted: 18/March/2005 at 3:15pm
what a mess.

My ir ran out in december> I dont have no job or income

I  tried to get fed debt reduction but i didnt get my forms till feb and my ir ran our in december ? they said i was past the 90 period

same with provincial

Ive tried and tried and stayed in contact --i call em almost everyweek now.

Now they are taking me to collections in spite of my good intent. 

Now what do i do ? and how do i bring my loans back into good standing with no income? and what is best way of dealing with collections when i get a minimum wage job ? can i pay less than 410 a month ?

%$#&^ fustrated confused and very very poor
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nago View Drop Down
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Joined: 01/December/2004
Location: Canada
Points: 212
Post Options Post Options   Thanks (0) Thanks(0)   Quote nago Quote  Post ReplyReply Direct Link To This Post Posted: 18/March/2005 at 3:43pm
oh, i asked Lisa from Canada student loans what options exist for people who have exhausted ir and who are not approved for DR

she said none

and that the government "thought we would be working"

well im not!!!!


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