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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b4240 View Drop Down
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    Posted: 08/February/2009 at 4:30am
Just wondering if I can claim the amount that is taken by the government ie. my whole refund.
 
My loan is in default and my refunds go towards my debt, can I claim this as interest paid on Student loan or something else, it is like 3000.
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SolveStudentDebt View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 09/February/2009 at 2:11am
As long as there is no judgment in place you can claim the interest. \
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
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b4240m View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote b4240m Quote  Post ReplyReply Direct Link To This Post Posted: 09/February/2009 at 5:42am
How do I know if there is a judgement?  I get monthly statements from Human resources and social development Canada.  Financial services. 
 
Would I receive a receipt for the amount that was taken from them if I could?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 09/February/2009 at 6:12am

You would know it if you had a judgment anchored in place. anything you pay in has to be recorded. You can request a statement of account anytime. I am not really sure I understand your question though.

Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Takala Quote  Post ReplyReply Direct Link To This Post Posted: 24/February/2009 at 6:40am
I also ask, how would I know if there were a judgment? NCO, about 4 or 5 years ago, said they would be seeking a judgment - or maybe they even said they had one - but there was never anything in writing. My loan has since been with 2 other other agencies, subsequent to NCO.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 24/February/2009 at 3:09pm
Call CRA and they will tell you if you do. Or, call Justice canada and have them run a scrub on the system for anything. If there is they will refer you to whichever legal agent is handling it, or they will refer you to Justice CLAS for more details.
 
 
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
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