I got into debt in college because I liked to party and spend money.  I graduated from College with over $20,000 in debt and used my mother's home to consolidate all the debt with a 125% LTV 2nd mortgage on her home, for which I paid 10 points.  I paid off the loan worked my ass off and now have a substantial net worth.  I appreciate the opportunity given by the lender and chalk it up as the cost of doing business.

 Also, my identity was stolen and $1,000 was taken from my bank account that I traced back to an inside job at Washington Mutual (their call center).  They credited my account and I hunted the guy down who stole my identity who had been on a "shopping spree".  I stopped all purchases by calling all the creditors and threatened the scum bags life and his family when he called me back thinking I was a creditor.  He stopped using my identity and my FICO is still +800.

 Come on killers, some of your stories are horrible, but grow up and take responsibility for yourself in life.  A wise man once said, don't spend what you don't have, but don't blame others (oh, that was me)!