Debt is OK in a lot of situations, depending on the goal you're trying to reach by being in debt: think of financial aid for college: me, my wife, and many students in our pharmacy school depend on financial aid for tuition, and we both work a lot part time while going to Rxy school full time, so we have money for other expenses. Financial aid, we try to get the minimum needed amount; it's debt, but we know once we get out, the money will be good enough to pay it off quickly.
I wonder how it would be if all med or pharmacy students were students who got their education covered by their parents...there'll be a much larger shortage of pharmacists and MD's than now...
Not all of us a are so lucky that we don;t have to work, and be spoiled 'cause parents pay everything or you're born rich. There are some spoiled people like that in our class, who drive a $40k car, and never have to work during college. I guess they're lucky and it's not their fault, but not everybody has that luck...some of us have to be in debt.
as long as you watch it, and not let it get out of control, and know that you have a plan/goal which will make it worthwhile, then it's not that bad.