To put things in perspective,
US Government debt = $31 Trillion
US Household debt = $16.9 Trillion
Since majority of this debt is due to mortgages, the underlying debt will be considered part of our nation's assets at MSU?
On second thoughts, is this $16.9 Trillion household debt part of the national debt?
https://www.cnn.com/2023/02/16/econo...ter/index.html