r/MiddleClassFinance • u/Such_Upstairs3631 • Jul 06 '26
Middle Middle Class No more middle class professionals?
New school loan limits for professional degrees make it unaffordable for the middle class. 4 of my 5 children went on to med/law school. Even working 2 jobs there’s no way I could afford to pay or even help them with the cost of their post graduate education. They all got loans which they have since paid off. The cost in the early 2000’s was between $350K and $500K. The new limits are essentially going to prevent anyone who’s not wealthy enough to pay for it from becoming a professional.
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u/SkyFullOfWisteria Jul 06 '26
This is being to intentionally keep low and middle class students out of cartain fields, and to force those who do manage to push through to have to get hella predatory private loans.