Does a law degree from a prestigious university automatically mean a six figure salary? Does starting salary correlate strongly with tuition, or is rank a more important factor?
Law school is expensive, no doubt about it, with tuition ranging from $27,000 to almost $69,000. Given that starting salaries in the private law practice sector range from $62,000 to a whopping $190,000, it can certainly be a smart investment in the long run though. As you’re putting together your list of dream schools, it’s not a bad idea to compare all of the data, and to that end, we’ve put together a chart with starting salary, out-of-state tuition, percent employed at graduation, and median LSAT and GMAT scores from the top 100 law schools.
T100 Law School Data
You’ll see that although it’s a given that top ranked law schools will get you into the upper six figures, there are anomalies as you move down the list. Did you notice the Boston College graduate salary, or the cost to tuition ratio at BYU?
Overall, alumni of higher ranked schools have a very high median starting salary. Not surprising. But there’s a balancing act between the prestige of a top school with its higher starting salary vs. a career that doesn’t start with a mountain of law school debt. Want some insight into that question? Check out this podcast: “To Debt or Not to Debt? That is the Law School Question.” And if you’re ready for some professional advice, consider speaking with one of our expert Admissions Consultants.
Leave a Reply