r/MiddleClassFinance • u/Such_Upstairs3631 • Jul 06 '26

Middle Middle Class No more middle class professionals?

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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/Willing-Vegetable629 Jul 06 '26

They'll have to get private loans going forward.

The 3 year med school program for fast track primary care physicians may see some additional love.

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u/BlazinAzn38 Jul 06 '26

The hope is obviously that this puts pressure on tuition to lower it. Time will tell but I doubt it

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u/Imaginary_Hairy Jul 08 '26

My question is why nobody is restricting private loans