• News
  • Film and TV
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Weird
  • Community
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
Four things 'middle class' Americans may not be able to afford anymore under President Trump

Home> News> US News

Published 17:25 18 Apr 2025 GMT+1

Four things 'middle class' Americans may not be able to afford anymore under President Trump

Some items have already seen a price increase following tariffs introduced by Donald Trump

Callum Jones

Callum Jones

Prices of various things have changed since Donald Trump took office in January, and here are the four things 'middle class' Americans may no longer be able to afford anymore.

Since returning to the White House for his second term, the 47th POTUS has signed countless executive orders, including renaming the Gulf of Mexico to the Gulf of America and signing a bill eradicating the Department of Education.

He also signed off an order that will change elections as we know it - something which was passed in the US House on Thursday (April 10).

Advert

Tariffs have also played a huge role within the Trump administration, which has in turn increased the prices of many everyday items.

On top of that, you've got bigger spending not afford for the 'middle class' American too, as per GoBankingRates.

Experts warn that Donald Trump's tariffs could make many things unaffordable for American citizens (Win McNamee/Getty Images)
Experts warn that Donald Trump's tariffs could make many things unaffordable for American citizens (Win McNamee/Getty Images)

Higher education

While higher education was only possible for children who came from an affluent background in the past, there's no doubt going to college has become an option for many more young adults in recent years.

Advert

But could that be about to change?

Well, finance expert Andrew Lokenauth, founder of TheFinanceNewsletter.com, said per GoBankingRates: "Federal student loan interest rates might increase, income-driven repayment plans could become more restrictive, public university funding might decrease, leading to higher tuition, and student loan forgiveness programs could be eliminated or reduced."

Healthcare

Since returning to office, Trump has signed an executive order to roll back the importance of the Affordable Care Act, which millions of Americans are signed up to for cheaper healthcare.

Advert

As a result, many are worried healthcare in the US could soon become unaffordable.

Lokenauth said: "Monthly premiums might skyrocket by 20-30 percent for middle-class families, pre-existing conditions could once again become a barrier to coverage, many employers might reduce health benefits to cut costs, and prescription drug prices could increase without price controls."

Healthcare may become even more unaffordable for some (Getty Stock Photo)
Healthcare may become even more unaffordable for some (Getty Stock Photo)

Transport

Given how massive the US is, transport - whether it be a personal vehicle or public transport - plays a massive role within the economy.

Advert

However, Trump's tariffs have seen increases to vehicles not made in America, while Lokenauth warns that gas prices could also go up.

Heck, we've even seen a $80,000 truck instantly increase in price live on TV.

Housing

The Trump administration has promised more affordable housing, but that doesn't mean homeowners won't have any financial concerns in regards to housing.

Advert

Lokenauth explained: "Mortgage rates might climb due to economic policies, first-time homebuyer programs could face cuts, property taxes might increase in middle-class neighborhoods and the mortgage interest deduction could be modified, affecting affordability."

Featured Image Credit: Andrew Harnik/Getty Images

Topics: Donald Trump, Money, US News, Politics

Callum Jones
Callum Jones

Advert

Advert

Advert

Choose your content:

8 hours ago
9 hours ago
  • 8 hours ago

    Experts issue urgent warning against popular new tanning 'drug' that could cause brain swelling and cancer

    The viral trend promises to give users a natural glowing tan

    News
  • 9 hours ago

    Horrifying details emerge after plane carrying 200 passengers flies with no pilot after first officer collapsed

    The plane was diverted and thankfully all 200 passengers onboard landed safely.

    News
  • 9 hours ago

    Family win $100,000 in settlement after being accused of not paying $200 bill

    Peter and Ann McGirr were slammed in a Facebook post which falsely claimed they hadn't paid their bill

    News
  • 9 hours ago

    Chilling story of man who told family he was leaving with aliens and hasn't been seen since

    What happened to Granger Taylor has remained a mystery for 45 years

    News
  • Donald Trump reveals ‘very important’ point as he addresses rumors about running for third term as president
  • Trump claims famous businessman who takes 'fat shot drug' is 'very concerned' about being named
  • Trump promises to sign 'one of the most consequential' executive orders made in history
  • Mexican president issues scathing response to Trump's offer to dispatch US troops across border to tackle cartels