I REALLY need to educate you people on how the American banking system works... Debt, is 100% pure profit. Debt isn't the same as you loaning your neighbor $20. Out of your own pocket. Debt in the banking system is you writing your neighbor a check for $20 but that $20 doesn't actually come out of your account, it's created out of nothing... In a nut shell that's ALL debt in the USA. Student loans, mortgages, credit cards, ect....