Yup - JWST will be way high up in space, much farther away than the Moon and plenty far from the debris we talk about in low Earth orbit. The telescope actually

Yup - JWST will be way high up in space, much farther away than the Moon and plenty far from the debris we talk about in low Earth orbit. The telescope actually orbits the Sun, not Earth, at a point called "Earth-Sun L2", which is a point in line with the Earth. L2 is one of 5 Lagrange points in the Earth-Sun system, which are special spots objects can orbit around (stably or unstably) without there being a central body.