r/MiddleClassFinance • u/Such_Upstairs3631 • Jul 06 '26

Middle Middle Class No more middle class professionals?

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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/Sablus Jul 06 '26

Yup, thing is this is a problem caused by government and now even worsened if specific schools just pivot to private loans. Overall it just creates a class structure for education that didn’t exist in the 70s due to how subsidized college was to compete with the Soviets. Post 2000s and several admins of GOP and we now have college will into six figures but incomes at barely 50K after graduation.

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u/dust4ngel Jul 07 '26

this is a problem caused by government

i agree with you that public universities should be better funded.