Kaido
Elite Member & Kitchen Overlord
- Feb 14, 2004
- 50,111
- 6,369
- 136
Yea, my grandson is 27 and has 60k of student debt. He is living with us to try to save some money. He has what would be considered a "professional" type job with Hennepin County, but makes only about 50k per year. Living on his own would be very tight. This is what Biden doesnt get (or is ignoring) when he brags about how great the economy is. Only makes it obvious that he is out of touch with the middle class. (end of off topic political rant.)
As to the cybertruck not only is it ugly, it just seems impractical. Hardly and ground clearance for a truck, and a very weirdly shaped bed.
It's really tough because who is in charge of changing that situation? Behind the scenes, the country is really run by corporations & individuals. One of the often-cited examples is that there are 29 vacant homes for every homeless person across America; there are 16 million vacant homes across America:
Vacant Homes vs. Homelessness In the U.S. - United Way NCA
Many overpriced homes sit vacant while populations experiencing homelessness continue to grow in the U.S. See which cities have the highest disparity here.
unitedwaynca.org
But there are a lot of very real barriers in connecting the dots. For example, if you own a second home that's currently vacant, would you want to house someone for free? There's no information on if the person living there is struggling with mental barriers & would be violent, do drugs in the home, trash the place, etc. Would the government pay for utilities, taxes, and upkeep? What happens if you want to sell the property, would squatter's rights apply? The people I know who rent out properties have enough trouble with paying tenets!
It's difficult because at the end of the day, colleges are businesses who are in it to make money. They aren't incentivized to offer a better deal to kids. The national student loan debt total stands at $1.7 trillion, with over 92% of that being Federal loans:
Student Loan Debt Statistics [2023]: Average + Total Debt
Find student loan debt statistics, including the national debt balance, average individual balance, and annual growth rates.
educationdata.org
As far as the Cybertruck goes, it's a lifestyle vehicle, i.e. just for fun. I was so shocked by the design initially that I waited a few days to put my deposit down, but I wanted a 500-mile EV & this is the ticket, haha! I HIGHLY doubt there will be a $39k model available, however!