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RE: ScaredyCatGuide Debates what is and is not Good Debt
I think the only acceptable debt is the mortgage on a house (fitting your financial situation). The mostly unavoidable and necessary debt is student loans.
I myself am happy to say I payed off all my student loans last year, quite happy with that!
Agreed, I remember when I made the last payment on my student loans, such a good feeling. Congrats!