Younger Americans are being set up to fail by a system built on debt.

There’s a 25 year old carries nearly $180,000 in debt and faces monthly expenses that look like this:
• Rent: $750
• Phone bill: $65
• Car payment: $425
• Private student loans: $1,950
• Federal student loans: $320
• Car insurance: $290
That’s almost $3,800 in mandatory bills every month before groceries, gas, healthcare, utilities, or any savings.
For many young adults, the path to adulthood has become a debt treadmill. They were told to go to college, take out loans, buy a reliable car, and build credit. Now they’re discovering that much of their income disappears before they even begin living.
The question isn’t why so many young people are struggling.
The question is how anyone expected this model to be sustainable.