re: Some of y'all having trouble paying ya bills?

Smart debt should be funding/feeding an appreciating asset, like your house or a business.

I'd guess all of those athletic programs are appreciating 'businesses', as they are in major conferences that will continue to get more TV revenue, save SDSU.

Dumb debt is when you feed something other than an appreciating asset, like a vacation, your honey's Mercedes G wagon, or Texas A&M.