Probably also a lot of people who were banking on a $27,500 car and are unable to fork over the $49,000 that is more likely with a premium interior and expiring tax credits.
What ever happened to.the $35,000 price? Are these only being offered with premium upgrades, or are they not able to produce them at a lower, more attainable price?
Really grateful I will be able to graduate debt free. Doing a degree like CS where I can get a great paying internship really helps.
I think the biggest cause for numbers like this is that some of us see it as problem while tons of people see this kind of debt as totally normal. I cringe when I see friends who I know are graduating with large amounts of debt run out and buy a brand new car within months of graduatingbecause they are suddenly making 50-60k and feel like they've got it made.
Most of the time it'll all work out just fine, but I can't help bit think that there's a better way.
ICF (Insulated Concrete Form) construction takes this approach tempering the indoor temperature. My brother just moved into a brand new ICF house in Salt Lake City (relatively cold winters and hot summers) and it is remarkably efficient.