SHOW US YOUR DEBT! We're Coming Clean About What We Owe and Why | xoJane. My comment on the post: I had to drop out of college when I couldn't afford to finish my last semester. I was renting an apartment and sub-renting to another student. When she decided to move out I was sunk. Could not pay all the rent myself. Put stuff on a credit card and I still have a bad credit rating - even though my own checks on it say I have nothing bad. That was over 10 years ago. I wish I had been able to finish college, Corporate Communications. But, here I am. I keep my head above water and my only current debt is a department store credit card which was over $2000 but this tax season I used my refunds to pay it off, mostly. So, I'm mostly debt free but I don't have a car or anything much to show for it. I wonder if it's better to have the debt than to not have the debt?