concept   debt
culture   United States
statement   In the United States, taking on debt for education, home, or car is considered socially acceptable and often necessary for financial stability.

8 similar statements
# Concept Culture Statement Freq.
1 borrowing United States Borrowing money for major purchases like a house or car is common and socially acceptable. 1
2 borrowing money United States Common practice with a well-established credit system allowing individuals to borrow for various purposes 1
3 debt United States Taking on reasonable debt for education or a home is considered normal and even necessary for many people. 1
4 debt United States Taking on debt for education or home purchase is considered normal and often necessary for financial stability. 1
5 debt United States Taking on debt to finance education, a home, or a car is socially acceptable and common practice. 1
6 debt United States Taking on debt for education or to buy a home is often considered normal and necessary in the United States and many Western countries. 1
7 debt United States Using credit facilities and leveraging debt for investment opportunities is a common practice 1
8 government debt United States Government debt is a tool for economic growth and investment in infrastructure. 1