Summary: The newest data from U.S. News and World Report measures salaries of law school graduates with the amount of debt these alumni owe, offering a ranking of which schools offer the greatest chance of paying off loans.
U.S. News and World Report has released more law school data, Vault reports. The newest list contains law schools with the highest salary-to-debt ratios. These schools offer the best odds of lowering the burden of those awful student loans. The numbers were crunched by comparing the median private sector salaries of the 2012 class with the debt of the 2013 class. The schools with the top five highest ratios were:
1. Brigham Young University (Clark)—$100,000 median starting salary, $56,053 average debt
2. University of Texas, Austin—$160,000 median starting salary, $92,180 average debt
3. Stanford—$160,000 median starting salary, $108,391 average debt
4. Boston University—$160,000 median starting salary, $110,309 average debt
5. Yale—$160,000 median starting salary, $111,961 average debt
This is great news for students interested in attending these schools, and should definitely be a factor for students still on the fence about choosing a law school. Although law school has remained extremely expensive, the job market has weakened in the past few years. This has resulted in record lows for law school enrollment. Students considering applying to law schools should evaluate the salary, employment, and financial statistics of any school to which they apply.
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