Reserves and Loans
Jul. 16th, 2008 10:37 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ltmurnauOK, I guess this is an improvement on The Way Things Useta Be:
Student reservists catch a break: Can remain full-time students and have loans deferred while deployed
By Nick Taylor-Vaisey | July 15th, 2008 | 3:59 pm
Reservists deployed overseas with the Canadian Forces will not have to worry about paying off their student loans. They will now be treated as full-time students, according to new regulations passed through Parliament earlier this spring. [snip] Reservists will retain full-time student status, will not be charged interest on loans, and will not have to make payments on their loans while they are deployed overseas.
The Regina Leader-Post quoted Blackburn’s speech to reservists assembled at the Regina Armoury. “Reservists who are students face challenges in balancing their education with their military responsibilities,” he said. “We believe that student reservists deserve our unconditional support while serving our country. That’s why this change to student loans is so important.”
Lt-Col. Malcolm Young, the commander of the Saskatchewan Infantry Tactical Group, told The Leader Post that the regulations would allow those stationed overseas to “focus on the mission” and not be distracted by student loans.
[snip]
***
Well, to be accurate, your student loan will be kept warm and waiting for you until you get home from overseas. Meanwhile, working reservists are still waiting for legislation that will properly protect their civilian jobs when they get called out.
But still, things are very different from the 1980s when I was in the reserves. Overseas callouts were rare to nonexistent; pay was low when you got paid at all; equipment was antiquated; considerations were scarce. But there was no war then, besides the spectre of The Big One that would have seen me sent either to Germany to die as cannon fodder, or to Tofino to guard a lighthouse with an empty rifle - I think the latter was much more likely.
And that makes all the difference.
Student reservists catch a break: Can remain full-time students and have loans deferred while deployed
By Nick Taylor-Vaisey | July 15th, 2008 | 3:59 pm
Reservists deployed overseas with the Canadian Forces will not have to worry about paying off their student loans. They will now be treated as full-time students, according to new regulations passed through Parliament earlier this spring. [snip] Reservists will retain full-time student status, will not be charged interest on loans, and will not have to make payments on their loans while they are deployed overseas.
The Regina Leader-Post quoted Blackburn’s speech to reservists assembled at the Regina Armoury. “Reservists who are students face challenges in balancing their education with their military responsibilities,” he said. “We believe that student reservists deserve our unconditional support while serving our country. That’s why this change to student loans is so important.”
Lt-Col. Malcolm Young, the commander of the Saskatchewan Infantry Tactical Group, told The Leader Post that the regulations would allow those stationed overseas to “focus on the mission” and not be distracted by student loans.
[snip]
***
Well, to be accurate, your student loan will be kept warm and waiting for you until you get home from overseas. Meanwhile, working reservists are still waiting for legislation that will properly protect their civilian jobs when they get called out.
But still, things are very different from the 1980s when I was in the reserves. Overseas callouts were rare to nonexistent; pay was low when you got paid at all; equipment was antiquated; considerations were scarce. But there was no war then, besides the spectre of The Big One that would have seen me sent either to Germany to die as cannon fodder, or to Tofino to guard a lighthouse with an empty rifle - I think the latter was much more likely.
And that makes all the difference.
