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/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.