If you're savvy enough, sure. But for the lay person who doesn't want a clouded view of the world, they likely won't have the same resources or technical capabilities.
It's not without drawback though. SSH tunnel consumes a lot more cpu compared to wireguard. If your vps has a weak cpu, it might not even able to fully saturate a 1gbps connection due to cpu bottleneck on certain ciphers. If you're using a mobile device, it will drain your battery faster than wireguard.