You get quite a lot for the subscription value. Ad free, the ability to watch in the background, ability to download, and YouTube Music.
I expect the real move here is to put pressure on Spotify and Apple. Apple can respond by bundling music and Apple TV. Spotify could try to upsell their unique podcast offerings. Eventually users have to choose what they want alongside their music subscription.
It won't help a large number of students though. Embassies remain closed for regular visas and the border remains closed to much of the world. If you don't already have a visa and aren't already in the United States, there's still a host of obstacles in your path.
Nothing to dodge if you pick a quiet morning.
Montana doesn't have deer? Or broken down cars? Or potholes? Or big chunks of shredded tires from 18 wheelers?
Early adopters will, of course, make a killing.
Then, Amazon and eBay will start getting bad press and put a halt to the price gouging. Suddenly the late entrants and the very greedy will find they have a garage full of Nintendo Switch's. Then Nintendo will increase production, Animal Crossing will be outdated and they won't even be able to sell them for the old list price.
Once it hits the fan, the only rational choice is to sweep it up, package it, and sell it as fertilizer.