Why is it acceptable to be "in debt" all your life?
I know people who will never own their houses free-and-clear, and will be paying student loans, etc... well into their 70s.
This is the norm now, and I don't think you can convince me it is a good thing. Especially when the collective personal debt of Americans continues to grow, the dollar continues to fall, and the Fed prints more backed-by-nothing money by screwing with rates over and over.
Of course, in these times, I really don't think we need to worry 'bout that, do we....