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With a law degree going to cost you near on $150,000 in student debt, you start to think of limited options and https://en.wikipedia.org/wiki/Debt_bondage https
by Zenst 7y ago
With a law degree going to cost you near on $150,000 in student debt, you start to think of limited options and https://en.wikipedia.org/wiki/Debt_bondage https://en.wikipedia.org/wiki/Debt_bondage has many forms.
- adventured 7y agoDepends entirely on where you go. Your $150,000 figure will get you a law degree from an elite top 20 law school, which will earn you a starting median income as a lawyer of $175,000+ in the private sector. The median lawyer in the US will earn $4 or $5 million over their law career, at a present $120,000 per year. The median lawyer from an elite school will earn more than twice that over a career. $150,000 is a reasonble entry fee considering the immense income potential, which is what you're buying access to. If you just want a law degree and are not worried about the income potential, you can alternatively go to a cheaper school (public + in-state) and slash the student debt dramatically.
- vonseel 7y agoPlenty of lower income lawyers out there, but yeah. Like anything, the best candidates get the best jobs. You’re not going to a top firm if you graduate at the bottom of your class and went to an average school, unless you have some other magical quality or connection.