Given that $100k is the income bracket where people are highly leveraged on college loans (and housing prices), it makes sense that they are often more sensitiv

Given that $100k is the income bracket where people are highly leveraged on college loans (and housing prices), it makes sense that they are often more sensitive to economic conditions than those working lower-income jobs. You NEED a strong economy to stay above water on the debt — you took out $200k in college + law school loans to accelerate your career and if you can't get a high-income job in your specialty you simply can't fall back to a low-income job without being in crushing debt forever.