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‘What's the point?': Aussie Larissa Kay questions if university degrees pay off in the housing crisis

‘What's the point?': Aussie Larissa Kay questions if university degrees pay off in the housing crisis

7NEWS09-06-2025

A young Aussie's rant about the cost of living crisis has gone viral on TikTok as she poses the question 'what's the point?'.
Larissa Kay posted a string of videos, with the first amassing 880,000 views, talking about the issues young Australians face and how she hasn't gotten where she wanted to be in life.
'Is anyone else kind of like what's the point, if you're maybe in your 20's, your 30's... and you've finished school, gone to uni, got a degree, which is meant to get you a good job,' she said online.
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'That job is meant to pay for a house, and maybe a holiday once a year, and maybe have some kids.
'And that's not happening now, you're kind of like, what's the actual point of anything.'
It's a confronting question for many during the cost of living crisis Australian's face, as inflation continues to increase the prices of goods, services and housing costs.
The video then moved towards self-reflection, as the TikTokker ranted about where she was at in life.
'I'm 28 and I thought by now I might have a three bedroom house, maybe thinking about kids, maybe be successful in my career,' she said.
'I live in a tiny f**k ass studio... I moved regional to try and save money and there's no jobs out here.
'It's made me reassess my whole life, what am I doing? Should I just go travelling?'
In a follow up video, the blame is put back on the system with frustrations over people struggling to find jobs.
While questioning the point of going to university.
'Australia is bloody cooked,' Kay said.
'If people are working harder than ever and most people I know, they're working their full time job, they've got a couple of side hustles, and they still can't afford a house.
'We have a serious problem and people who are university qualified - I'm talking engineers, doctors, lawyers, healthcare professionals, teachers - people who are in high demand.
'These people can't afford to live where they are required to work, that is a serious issue, no wonder productivity is down.'
Housing prices continue to be an issue, with Perth seeing a 18 per cent increase in median house prices over the past 12 months - and showing no signs of slowing down.
Comments echoed the videos opinion about the struggles young Australians face in today's economy.
'We have a doctor and lawyer in the family and they can't afford houses in Sydney where they work,' a comment said.
'Uni is the biggest lie young people have ever been sold,' another followed up.
'Our parents and grandparents still don't realise how good they had it,' a third said.
'The fact 'side hustles' has become the norm to just stay afloat is wild. Heaven forbid you thought your job you earn a salary from should support you alone,' one pointed out.

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