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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JustBeFair View Drop Down
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    Posted: 15/August/2013 at 12:15pm
My loan has finally been rehabilitated to the NSLC.  My last day of study was in April 2004.  

My loan has been in collections for 8 years.  

I have applied for RAP.  Based on the eligibility checker I qualify.  

Here's the question.  I see lots of places that say that student loan borrowers with the NSLC will not have a loan debt 15 years past their last day of study.   

My loan says there are 177 months left in the term and that would bring me to 24 years with a student debt.  I am just wondering if the remainder of what I owe should be amortized for the time making 15 years of if they can keep the loan going for more than 15 years?  

There websites also states that the rap changes after 10 years from the last date of study and at that time part of your monthly payment is paid by the nslc on interest and principal.  If you know of this please tell me.  
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