Jeannine Mitchell's blog

Can I Get Student Loan Forgiveness?

Here is a second in our 'people's question' series in the blog. 

Who do I contact to arrange for student loan forgiveness?
My loan is 10 + years old; not accredited (can be forgiven through the regular
channels; and in default. Single parent with [number of children deleted] on an [office-worker’s] salary.


Bankruptcy Didn’t Do It the First Time – Can I Try Again?


 Bankruptcy is the first topic for our 'Private Questions Go Public' series. And if you want more on this topic, read our new Student Loan Bankruptcy Q + A (Basic) 

Hey Freshers - Watch That Easy Credit


Summer holidays are over and school is starting tomorrow.

This fall, Student Finance 101 will add new articles about provincial student loan programs, plus more tips on saving money and cutting student debt. 

Many of these articles and tips will help people who have already finished university or are still in high school.

But today's message is for those of you who start your first year of post-secondary school tomorrow:

Watch out for the easy credit!

Summer Vacation: Hang Onto Your Money!


I recently spoke with Emily Minthorn at about how students can save money over summer.

Let's face it - it's hard these days to make big money during summer. Unemployment rates are still high enough that many students end up with a summer full of only part-time or occasional work. And wages are often low for student jobs, especially if your province has a low minimum or "training wage."

Government Website Blues


The reason this non-profit website has been operating - since 1999 - was that our tax dollars still don't buy the student loan repayment information we need from Canada's provincial and federal governments.

When it comes to adequate information on these programs, most governments flunk out.

More Hidden Costs of School


 In a sequel to yesterday's blog post, Hidden Costs of School, here are 3 things that could mess up your school budget if you don't prepare for them:


1) Other interest costs.

In yesterday's post, I discussed the interest on your student loan. But now we're talking about the interest costs on credit cards, a car, private student credit lines and so on.

Some of these products have very high interest rates, like store and credit cards. Unless you can pay them in full every month, your debts could snowball fast.

Hidden Costs of School


Student Finance 101 often fields media requests for information related to students or higher education. For example, we recently provided student summer savings tips to (on an article we'll link when it appears).

This week I talked to Jon Tattrie of Metro News about the hidden costs of education. 

The idea isn't to scare students from getting their education - quite the opposite. We just want to make sure they're prepared, by having a good understanding of the costs beyond tuition. 

New! How Student Loan Aid Really Works! Q & A covers RAP, New Brunswick, Saskatchewan and more!


That's right. We talk to the experts. We ask them to explain the fine print.

Okay, the fine print of student loan repayment aid rules - that sounds boring. But by learning them, you could save yourself hassle - and possibly thousands of dollars. 

That's why Student Finance 101 keeps looking for ways to explain the often-complicated student loan programs across Canada. Especially those student loan repayment programs.

'Debt Sentence' Campaign Followup 1


The Canadian Federation of Students (CFS) continues rolling out developments in its "Education Shouldn't be a Debt Sentence' campaign.

The campaign was launched October 20 to focus attention on the growing problem of student debt in Canada. Tuition fees and student debt continue rising faster than inflation.

Across Canada, BC seems to be facing the most extreme rise in student debt.

Education Shouldn't Be a Debt Sentence!


This week, the Canadian Federation of Students launched its campaign to bring down the ever-growing costs of getting an education.

The campaign is aptly called "Education Shouldn't Be A Debt Sentence" and we at the Student Finance 101 Society have lent our support as partners. Use this link to the campaign site to see the latest facts and how to take action!