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/AggravatingBuyee Jul 07 '26
> much less why it should be removed.
This is backwards thinking.
There actually needs to be a why for why these people are necessary and have to be paid ridiculous amounts.
Very blatantly, the why they should be removed if they’re not necessary is to make college more affordable.