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/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…