As implied in another comment, the real solution is one people don't want to consider - forbid people from taking debt on in certain circumstances.
But this immediately appears as "unfair" even if predatory lending is a huge problem.
Meanwhile those who already have some money wouldn't be affected by it much, for example, a law requiring all credit cards that charge interest on balances to be secured ones (where if you have a $1k credit line you must have $1k cash/cash equivalent in the bank).
Yes. Debt is the entire story of the American economy, from top to bottom, it's not inherently evil. It's useful for creating new wealth. But of course it gets misused also.
I don't think anyone is arguing that debt can't be another tool in the toolbox, but when you consider that the debt/equity ratio has risen considerably since the second half of the 20th century, you start to get the sense that this is somewhat "centrally" planned.