World is not enough in debt.
In order to economy Grow the debt is needed more debt we still have people whos debt free If more people get in debt then more economical activity so those in debt will work with 2 jobs not with just one Job.
We moving towards that more and more people will have debt burden on them car leases insurances mortgages and much more things.
UK payd off debt just few years ago and now they struggle.
More debt will make everybody working harder no debt makes society more lazy.
What you need to understand to get your head in the right direction is that there are good debts and bad debts. Good debts are the debts you incure from re-investing or expanding your already profitable business venture in order to get more scalable and enjoy better profit margin. Most coompanies engage in good debts and it keeps them in profitable operation since they take the loans, get good profits and pay back the loan and have a good from ROI most times without touching the funds in their treasury.
While bad debts are those you get to purchase liabilities and finance daily activities which in turn does not generate any revenue for you and I seriously think your argument falls in this category. These kind of debts cages peoples progress and makes them slaves for a very long time since they make money to service debts and not for their own utilities.
Stay out of bad debts as much as you can to live a free and happy life