is it A Sin For A Christian To remain/Stay In Debt?

I wouldn't say it's a sin...but it would be wise to get out of debt as quickly as possible.

 

I think this misidentifies the nature of sin.

Also being in debt isn't a a sin. That doesn't exist in Scripture.

Is this an economic principle or a moral/spiritual principle? I vote for the latter.

Properly managed leverage can lead to good things in one's life. Being able to expand one's business or even one's education is a good thing. The idea isn't about economic indebtedness. It is about stewardship.

 

I would say it is a sin to be purposefully irresponsible with one's finances, such as getting into unnecessary debt that one knows one would not be able to pay off (e.g. buying a house far outside one's means with debt one cannot afford to pay off).

If one provides not for his own, he is worse than an infidel.
Borrowing money that one knowingly cannot pay back would be stealing, in my opinion.

Now, if a tragedy happens that disables someone unexpectedly, I would think that would be excusable. I am talking about intentionally making oneself vulnerable just to enjoy unearned luxuries in the present.