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Pay off student debt.

Printed From: CanadaStudentDebt.ca
Category: Dealing with the Banks!
Forum Name: CiBC and Edulinx Horror Stories
Forum Description: Problems with CIBC and Edulinx!
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=2690
Printed Date: 26/March/2026 at 10:42pm
Software Version: Web Wiz Forums 12.07 - https://www.webwizforums.com


Topic: Pay off student debt.
Posted By: wdinesen
Subject: Pay off student debt.
Date Posted: 07/June/2005 at 6:20am

    Well I am not too sure how the government ever thought that by breaking the backs of post grad students that they would ever provide a stable economy for the future of canada. 

I have done something different.  I could not find employment in my field that I was able to work and pay off my student debt.  Between the contracts and lay-offs and Social assistance and Ei. Things got really bad and creditors destroyed my credit rating.          ;      

( Sound familiar! )

So The last time I got laid-off I started a Program through EI SEB stands for Self employed Business.  This gave me a start into my field as a business that got many tax advantages.  Though business 101 stated 5 yr's for profit.  Hmmm need money now!  Well that was fine so I was aproched with a business opertunity that I could own and make passive residual income.  I started this and in a short while it was profitable.  So in combination of being Self Employed and a Business owner I started to make money. 

It may be a while before I can pay my student loan but I will and when that is done I will never have to work again because I will own my own business.

I wish they would have told us this when we went through the OSAP line!

Getting it done!

 




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