The weak conditions of the economy are causing students to struggle finding jobs despite earning a degree from college and getting themselves into large amounts of student loan debt. As a result, students are earning little or no money and are becoming late on making their student loan payments. The late fees and interest are causing student loan debt amounts to double and for some students, triple. Students are getting themselves into a position that they will be repaying student loan debt their entire lives. Student loan debt is very difficult to discharge in bankruptcy or a debt settlement. Due to the fact that colleges are raising tuition, many students cannot get enough government student loan money through FAFSA and are having to get private student loans from banks. Private student loans usually have variable interest rates that can jump to 18% and there are loan origination fees just for getting the loan that grow with interest themselves. The government must place a cap on the interest rate.