Part of the reason we were elected is because debt had gotten so high. I wasn't elected to increase debt one iota,

Your families are extremely proud of you. You can't imagine the sense of relief they are experiencing. This would be a most opportune time to ask for money.

You'll see creditors get more aggressive at collecting debt, the reason being that they can.

Bad debt is debt that is used to enhance consumption.

Given the company's small amount of debt relative to its cash flow, this is a good time to return cash to our shareholders.

Americans are up to their eyeballs in debt. The schools raise tuition each year, the loan totals go up and the scholarships offered are not as good. This is a dilemma for the middle class.