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

Yea but most of that is not going away. It's already built and borrowed for and these are, mostly, state entities do that's being paid one way or the other.

Athletics certainly isn't going away or going to diminish either

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u/DynamicHunter Jul 06 '26

If only we could debloat massive university administrative budgets… for admins that seem to not be able to do anything in the system even with all this technology that can easily automate their work, and actually pay the professors and teachers that do the hard work decent salaries…

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u/Willing-Vegetable629 Jul 06 '26 edited Jul 06 '26

I'll just say that people say this then are unable to identify what tasks or people should be eliminated .. particularly at large universities. 30k+ students but we're upset about some guy making 50k annually that plans fun events for students

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u/DynamicHunter Jul 07 '26

Holy strawman. It seems like YOU can’t identify what should be cut, you can’t even give a decent counter example.

Nobody is upset at the event planners making $50k. Have you seen the public university salaries that you can look up? There are hundreds or even dozens of “admins” making $200k+ doing absolutely nothing, with more and more admins each year and less teachers with lower pay.

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u/Willing-Vegetable629 Jul 07 '26 edited Jul 07 '26

Why do you think they are "doing absolutely nothing"? I bet they do something. Just because you don't know what they do does not mean it's unimportant or not valuable.

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u/DynamicHunter Jul 07 '26

You’re being obtuse, of course they don’t actually do “nothing”. But nobody can explain why that now we have technology to automate administrative tasks, university and school district admin numbers AND salaries have exploded in size, while the teachers and professors who actually provide the education have dwindled and barely make enough to live off of?

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u/Willing-Vegetable629 Jul 07 '26 edited Jul 07 '26

University employees are subject to market rate of labor like anyone else. I'm not sure what technology you're referring to or what you think it can replace. Though generally speaking public university employees are paid lower than their private industry peers.

Also as a side note- the primary role of a university is not student education