Debt a burden and benefit, UF expert says

A University of Florida Financial Estate Specialist says America has a problem with debt, especially from a consumer standpoint. U-F Associate Professor Michael Gutter says some debt can be strategic. He says using debt to pay for college, buy a home, or purchase a car may be a wise decision under the right circumstances. He spoke with WUFT-FM’s Dan Katz on Friday’s Front Page Edition of All Things Considered.