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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Post Options Post Options   Thanks (0) Thanks(0)   Quote nago Quote  Post ReplyReply Direct Link To This Post Topic: fed debt reduction
    Posted: 23/June/2005 at 3:25pm
There are 3 major accomplishments that i really proud of

1/ graduating university

2/getting a Pardon for my criminal record

3/getting fed debt reduction 10k off
--took me 13 tries and just under six months

Now, i would like provincial dr


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NoCashFlow View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote NoCashFlow Quote  Post ReplyReply Direct Link To This Post Posted: 23/June/2005 at 4:52pm
Congrats!  
Just wondering,  what was said on the letter from a non family member regarding income?  I need to send one now and I don't have a clue what to tell the person to say.
Thanks, good luck with the provincial next!
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nago View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nago Quote  Post ReplyReply Direct Link To This Post Posted: 23/June/2005 at 6:09pm
I wrote the letters myself and had non-family members sign it

Then later told the non-family members what i wrote

ie. Dear student loans,

Nago has had a very difficult time finding a job due to a criminal record.

He has exhausted his savings. And has taken out a personal loan.

Please, from the good graces of your godly heart, give him dr to make his financial burden more maneagable.

Signed,

Non family member

Tip

But heres the deal

The bank will look for consistency

I applied 13 times

and each time i wrote them long letters, from scratch, detailing my expenses and how i lived(in detail)

So they got to be consistent--each letter has to match/support  what your saying


Hope that helps








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