4 ms·It depends a bit on what interest rates do and whether your debts have fixed or variable rates.by postingawayonhn 4y agoIt depends a bit on what interest rates do and whether your debts have fixed or variable rates.kergonath 4y agoIt also depends on your salary following inflation, which really is not a given.cudgy 4y agoIt also depends on how the assets purchased with said debt (previously fueled by low interest rates) perform in a high interest rate environment.