By Maxine Wells
This infographic shows just how much you would spend on law school. With the average student loan debt being about $26,000 in 2012, students who graduate from private law schools end up paying over four times that amount with an average debt of about $124,000.
Investing in education can bring many benefits in the future but students should always do their homework when it comes to finding financial aid and really do their research and compare different loans before applying for the first available funding.
Pursuing a college education takes a
lot of time, money and hard work and we’re just talking about
earning a Bachelor’s degree. For some a B.A. or B.S. is just the
beginning of their education and career. Law school is one option for
post-grads and for many going to law school, brand name or not, is
the natural step for a career as a lawyer.
While lawyers are still
one of the highest paid careers in the country, there is little room
in the slow recovering job market for new lawyers and many recent
grads have found themselves faced with unemployment and huge amounts
of debt from student loans.
This infographic shows just how much you would spend on law school. With the average student loan debt being about $26,000 in 2012, students who graduate from private law schools end up paying over four times that amount with an average debt of about $124,000.
Investing in education can bring many benefits in the future but students should always do their homework when it comes to finding financial aid and really do their research and compare different loans before applying for the first available funding.
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| Student loans that are in deferment can negatively amortize |
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