Yeah in school and everywhere, they keep saying its smart to save money because you will be debt free by buying houses and cars without loans. However this has been further from the truth in the last 5 years and previous 15 years due to Covid and Financial crisis which led to low rates.

You are betting getting into debt early instead of saving money and buying something with a larger downpayment or no loan at all. Reason is because due to inflation, savings were pretty much erodded. And those that bought these assets after covid were better off than those that were savings money hoping to buy things in full.