Is debt financing good or bad?

Debt financing has been a long-standing and prevalent method of raising capital for businesses and individuals alike. But the question remains: is debt financing truly good or bad? On one hand, it allows individuals and companies to access the funds they need to grow and expand their operations, without diluting ownership or equity. On the other hand, it also comes with significant risks and obligations, such as the need to repay the debt with interest and the potential for default. So, is debt financing a blessing or a curse? The answer may depend on the individual or company's financial situation, goals, and risk tolerance. But it's important to carefully consider the pros and cons before making a decision.