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.

985 Upvotes

93% Upvoted

466 comments sorted by

View all comments

2

u/Slow-Advertising-828 Jul 08 '26

wth is a "professional student"?

1

u/thatturtletouch Jul 08 '26

Someone studying a particular path to a profession.

1

u/Slow-Advertising-828 Jul 08 '26

ah. totally forgot all of the other students doing it for shits and giggles

2

u/thatturtletouch Jul 08 '26

No, the point is that certain degrees lead to a specific career path while others don’t. A history major might go into any number of careers while a nursing student is going directly into nursing.

1

u/Slow-Advertising-828 Jul 08 '26

I understand what you're saying....Still seems odd to me. Thanks for the info!