Law School Debt Round Up


Law School	Frugality	Personal Finance	Productivity	Career

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Here’s the daily round up of articles on law school debt:

According to a survey done by Equal Justice Works, since 1993, law school debt has increased 53%. The average law student comes out with $84,4000 in debt. That sucks.

Runaway costs for a legal education are threatening to trample any optimism among law school graduates created by recent associate salary increases at the nation’s top law firms.

Part of one law grad’s $115,000 debt was her daily Starbucks fix.

Here’s a report on the effect of law school debt and the practice of law. (Warning: It’s long)

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The Frugal Law Student | 30 Oct 06 | Debt, Student Loans

1 Comment

S on 30.10.2006 at 12:04 (Reply)

The latte article is interesting, but I don’t think there’s much of a distinction between buying them when you’re “living on borrowed money” and when you’re still paying for that borrowed money. In other words, isn’t buying one when you’re a corporate lawyer making six figures but still have outstanding loans just as foolish as buying one when you’re a student?

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The Frugal Law Student is for anyone trying to mitigate their crippling debt. Me? I'm trying to mitigate the tens of thousands of dollars I've taken on in student loans. Join me on my quest to avoid taking on more debt, paying off some of the debt I have, and trying to survive law school while doing it. Read more about The Frugal Law Student, check out some of the best articles, or become a subscriber via RSS feed or via email

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