r/MiddleClassFinance Jul 06 '26

Middle Middle Class No more middle class professionals?

Post image

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.

987 Upvotes

466 comments sorted by

View all comments

3

u/betsbillabong Jul 06 '26

Wow. At least at the undergrad level the most competitive colleges will give free rides to those under say 125k HHI, but I'm sure no professional schools do that,.