Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

Am I considered in debt if I pay a mortgage?
If you owe money to someone else then you are in debt, at least in the common meaning of the word.  What you happen to own, or what you spent that money on doesn't alter that fact. Are people considered in debt if their only 'debt' is the mortgage/loan for their house, or are these people excluded from the statistic? The only way to answer that for sure is to look at who compiled the statistic and exactly what methodology they used.