Rock Solid Advice About Managing Law School Debt
Posted: Thu Feb 23, 2017 3:50 pm
BLOG POST: http://bit.ly/Law-School-Debt-Strategies
For many prospective law students things are about to get real, real fast. As law schools begin offering acceptance decisions – welcoming students to join the Class of 2020 – the financial impact of those acceptances are starting to hit home.
According to a recent study by The Wall Street Journal, the average law school graduate will leave law school with $140,616 in student loans. That’s a sobering number, and one that should not be easily brushed aside. Perhaps you’re already banking on being among the top students who will land one of those coveted $180,000/year starting jobs at an elite BigLaw firm. You hope that’s the case, but like any important undertaking, “hope” is never a good strategy. In fact, according to NALP.org, the median starting salary for law school graduates is $64,800. Instead of banking on hope, you need to take affirmative steps now that will provide you “better-than-average” options when loan repayment kicks in 9 months after graduation. Here are a few things to consider:
http://bit.ly/Law-School-Debt-Strategies
For many prospective law students things are about to get real, real fast. As law schools begin offering acceptance decisions – welcoming students to join the Class of 2020 – the financial impact of those acceptances are starting to hit home.
According to a recent study by The Wall Street Journal, the average law school graduate will leave law school with $140,616 in student loans. That’s a sobering number, and one that should not be easily brushed aside. Perhaps you’re already banking on being among the top students who will land one of those coveted $180,000/year starting jobs at an elite BigLaw firm. You hope that’s the case, but like any important undertaking, “hope” is never a good strategy. In fact, according to NALP.org, the median starting salary for law school graduates is $64,800. Instead of banking on hope, you need to take affirmative steps now that will provide you “better-than-average” options when loan repayment kicks in 9 months after graduation. Here are a few things to consider:
http://bit.ly/Law-School-Debt-Strategies