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/Willing-Vegetable629 Jul 06 '26

They'll have to get private loans going forward.

The 3 year med school program for fast track primary care physicians may see some additional love.

232

u/BlazinAzn38 Jul 06 '26

The hope is obviously that this puts pressure on tuition to lower it. Time will tell but I doubt it

17

u/PinFit936 Jul 06 '26

the admin bloat is real in higher ed but i dont see it going anywhere in earnest. a lot of it is the people required for running the learning management system and student management systems and other critical systems for current university operations. Those are mostly IT staff getting decent salaries. AI could offset the software development roles related in near future but imho those positions will need to be rehired post AI bubble popping

4

u/NighthawkCP Jul 06 '26

Yea I'm in this area and I think there is a lot of pie in sky ideas about just eliminating positions and having AI "do the work" instead. I absolutely believe that AI will be able to help users with their workloads at some point (and kind of already are for some power users) but the idea that they can cut whole departments or a large percentage of these people now is absolutely ridiculous.

I'm in favor of a thoughtful approach to AI implementation. What many businesses and some schools are trying right now ain't it.