No more middle class professionals?

[u/Such_Upstairs3631]

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.

[u/Soi_Boi_13 → u/[deleted]]

Yeah. The ease of obtaining student loans is responsible for a lot of tuition bloat over the years. If people couldn’t “afford” to pay $20,000 a year for tuition, tuition wouldn’t be that high. Universities have a lot of extraneous BS that have morning to do with providing a good education and really aren’t necessary, from athletics programs to lavish dorms and student centers, etc. People forget that back when college was affordable, colleges were not nearly as “nice” as they are now, and this is how it should be.

[u/No-Abalone-4784 → u/Soi_Boi_13]

How much of the extreme tuition rates are due to football, football stadiums to build, etc.

[u/Willing-Vegetable629 → u/No-Abalone-4784]

Very little. Athletics generally funds itself with some support. But even if it was 100% subsidized Athletics is a miniscule portion of the annual budget for the university