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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littlewaist23 View Drop Down
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Joined: 13/November/2007
Location: Canada
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Post Options Post Options   Thanks (0) Thanks(0)   Quote littlewaist23 Quote  Post ReplyReply Direct Link To This Post Topic: Collection Agency
    Posted: 13/November/2007 at 5:52am
I am inquiring if anyone can help me. I have a collect agency calling me about my student loan and asking me to send in 6 post dated checks for amount of about 400 dollars for the next six months to start paying my loan off . I never heard from student loan in 3 years about this now they have sent it to collections and the are asking a outrages amount of money a month to pay this off . I have other bills to pay as well is there anything i can do about this I really don't want them going into my bank account every month. Can I go to the bank and pay it instead? No one at student loan will help and i don't know what to do about it.
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