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Episode 118: Household Debt: The Good, the Bad, and the Politicized

Words & Numbers

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The Difference Between Good Debt and Bad Debt

10 trillion of 14 trillion is explained by mortgages. That only leaves four trillion in free form debt that's out there floating about. Some of that is what we would probably still call good debt. Other things start to become a little more hazy like college loans. But where one category ends and the other begins, not exactly clear.

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