"Indentured servitude consisted of a worker (the "indentured servant"), usually from a foreign country, agreeing to work for a specific time, usually about 7-8 years, to pay off his costs of travel to the new country. Pay would be minimal during those 7-8 years, and might only include housing, food and training. The worker might also receive land for himself at the end."
Heck I am all for borrowing money! As long as you can pay it back.