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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Blue_Thunder View Drop Down
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Joined: 10/December/2004
Location: Canada
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    Posted: 08/December/2007 at 7:07am
Hello everyone! Big%20smile As many of you already know about my 8 - Part series telling my story about how Student Loans have ruined my life. Cry Now I am going an extra step further: I am posting video clips playing a clear audio component of voice mails and actual phone conversations with Collection Agencies. Ouch

For legal reasons, I have (and will always) censor out the name of the agent in question involved in the voice mail or phone conversation as I do not want to get into any legal troubles.

When going onto YouTube, do a search using these key words ...

canada student loan collection agency harassment

As you can tell, the first part in this series clearly shows that reasoning with these morons is like talking to a brick wall. Angry

Cheers! Smile
The greater access to higher education, as a result of student loans, has flooded the job market. Therefore, supply exceeds demand. Thus our credentials are not as valuable as, say, 30 years ago.
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