It doesn't help that the United States still has such medieval instruments as debtor's jail.
While more civilized countries have programs in place to help debtor's with counselling, restructuring and suicide prevention, the United States debtor's jail system makes sure you'll never get out of debt, and that you'll die in debt. Never mind that the creditor won't get what they are owed under this system. Never mind whether the creditor even exists: http://www.usatoday.com/story/news/2014/02/15/woman-jailed-l...