It’s also what’s called a high prestige low pay career which is by definition exclusionary of poor and middle income people, so the news makers are further and further detached from regular people.

https://economistwritingeveryday.com/2022/02/07/the-dangers-...

There are still hundreds of thousands of journalists around the country who don't have ivy league educations and are getting paid a pittance to work in their fields. I once worked for a publisher which hired reporters making $12 an hour who easily worked over 60 hours a week. Big city reporters might push out a few stories a week. The small town people are cranking them out by the dozen, with about 3/4ths of their bylines being "<newpaper>" Staff so that people remain unaware of how understaffed these papers are.