Student Loan Fraud Rising - Government initiating America's young into poverty

The Government wants to believe it's helping our nation's young by giving everyone a loan, but by giving everyone a loan, they help no one.  By giving everyone a loan they give those who were lowest on the rung an even tougher time.  Universities raise tuition to swallow every dime made accessible to young people through government loan programs, and more young are going into bankruptcy from student loans than they are for car loans, home mortgages and credit card loans.  However, when a student goes into bankruptcy for a student loan, there is no wiping the government's money off the table...it follows these young people for the rest of their life...until the Government gets what it sees as it's just due, plus interest.  Government can garnish wages and empty a bank account to pay what Government deems is appropriate.  And allow yourself to get what Government believes is extensively behind on a payment, and they will deem it appropriate.  It's good to be the king.

The number of indiviuals defaulting on student loans has increased nearly 200% over the last four years from 18,719 students to 34,007.  While a variety of reasons arising to cause this phenomenon, the biggest factor is increasing Government - which like in England, France and much of Europe - aims to "protect workers" making it tougher to fire, hire and compensate employees freely - causes existing employees to be locked in and prevents the young from getting the early experiences necessary to prove their worth of becoming a leader in many of America's leading companies.  This protectionist policies kill jobs, increase unemployment, especially for the young and aspiring, which taking away much needed opportunities for everyone in the country.  Short term these policies like raising minimum wage, enforcing ObamaCare and increasing taxes on small business owners get politicians their "much-desired" votes - - long term theses policies turn countries into the staid job markets which lack real opportunity like Europe itself.  American's looking for thier first job and the lowest skilled employees in the nation find their desired goal of a good job regulated out of reach, while tuition defies gravity with the abundance of seemingly free loans for everyone. Students are defaulting are increasing rate proportionate to the amount of legislation and regulations which that comes to "protect jobs"; but as we know, politicians do not know how to create, build or manage companies that are catalysts for quality jobs. They only know how to spend, avoid writing budgets and grab what they can in the short term for their pool of voters.