I own a home...I owe $ 160,000.00 on it...I make $ 60,000.00 a year...I am in Debt ? I think it is considered as a plus to have debt...at least my Accountant explains it to me that way...hey...you got to have a write off...off set taxes when your in that tax bracket...don't make me look up my stop sign post I had with you....$$ DUTV $$