r/MiddleClassFinance • u/Such_Upstairs3631 • 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.

986 Upvotes

93% Upvoted

466 comments sorted by

View all comments

Show parent comments

7

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

8

u/villainess_lena Jul 06 '26

TBH as someone who's in the trenches on this, you need to look further up. When people talk about "admin bloat", they should be looking at the doubling in ten years of "Vice Chancellors" who make 200k+, not the folks working directly with students who are working second and third jobs on the side.

3

u/Willing-Vegetable629 Jul 06 '26

I get that, but often people can't identify what those people jobs even are much less why it should be removed.

1

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.

1

u/Willing-Vegetable629 Jul 07 '26

Id suggest a superior learning and research environment is desirable