Friedberg states 40 million Americans graduated with student loans in the last decade, averaging $40,000 debt each.
“four you know, four forty million Americans graduated in last ten years from student from college with student loan. Average student loan debt $440,000.”
Friedberg describes 40 million college graduates with student debt unable to buy homes despite middle-class upbringings.
“And most of those kids came from a middle class family where they had positive assets. The parents own the house. Now the kids that voted for Mamdani cannot buy a home.”