1453Student Loan Debt/Education queries
- May 1, 2004Hi everyone,
I am considering starting the emigration process (UK to Calgary) in 12
months time (as long as the points haven't gone up - I currently have
66 and in 9 months time will see me with 68). However, I'm concerned
about my student loan, It is UK £11,000 - so close to CAN $25000.
Will the CIC consider this an encumbering debt? The Student Loans
Company would probably allow me to negotiate a payment structure that
wouldn't be a problem. (I need to check with the SLC that this is
definitely the case). However, my concern is that this will not matter
and will be something that disqualifies me from coming over. I suppose
I *could* pay it off before I start the process but would take me at
least 3 years on my current salary (pretty poor as I am just gaining
IT experience now).
My other worry is that Canadian companies might not recognise my
degree. It's a 2:1 Honours BSc from an ex-poly (Northumbria University
- usually awarded the "best new university" tag each year). Anyone
know if this is the case?
How is the IT market in Alberta?
Thanks and regards,