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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Forum LockedWill I get DR ?

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krnky View Drop Down
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Joined: 22/November/2006
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    Posted: 22/November/2006 at 9:14am
Hi
My situation:
I will be applying for DR in may. I am now on extended IR so i think i
have those qualifications.

I am in good standing now but at one point there was an error made from
CIBC and they sent out a collection agency after me, they approved me for
IR and then 3 months later took it away. adn made it seem like i had
missed 3 or 4 payments when I didn't even know that i had to make since
I thought i was on IR because i had received a letter of approval. So i
made the necessary payments and now i am in good standing. So my
question is will this affect my DR approval or do you just have to be in
good standing at the time of application?

End of may my income should be around $22000. My monthy payments
are around 275.
I have had 6 months of EI, as well as 2 months of not having an income.
How can i get monthly proofs of these?

The chart that I looked at for how much you can make the gazette link
seems to be dated 2005. is there one for 2006. Because i noticed that in
2004 they allowed to make an extra $250 a month in comparison to
2005.

Your response and help is greatly appreciated.
krnky
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nago View Drop Down
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Joined: 01/December/2004
Location: Canada
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nago Quote  Post ReplyReply Direct Link To This Post Posted: 24/November/2006 at 4:38pm
Dont know if you'll get it just apply its worth it

Yes its got to be in good standing so bring it in to standing.

Also, its got to be extended to 15 years, exhausted Ir.

Your income? Notice of assessment, pay stubs for when your working, EI stubs etc. When you werent working you need third party letter, letter from yourself and monthly statements from yourself. But phone and gov to check and find out exactly what you need--photocopy all the stuff you send in--

Lastly, how much can you make ? Less is better

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