Not to mention that, by Bloomberg's standards, most companies are "broke". Debt isn't intrinsically good or bad, it can be very good in the right situation. I,

Not to mention that, by Bloomberg's standards, most companies are "broke". Debt isn't intrinsically good or bad, it can be very good in the right situation. I, as OP, recently left grad school with over $100k in debt, which will be paid easily in less than 5 years. Debt allows you to leverage your future earnings to do something now. I wouldn't be able to pay for grad school without debt, and would be in a worse situation without it.