Law Degree from University of Illinois at Urbana – Champaign Return on Investment

See what the return on investment is for jobs that someone with a Law degree from University of Illinois at Urbana – Champaign is likely to work in.

F D C B A
Approximate Total Payment $440,046
Approximate Total Interest $124,548
Monthly Payment $3055.87
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in law from university of illinois at urbana - champaign

Lawyers

Projection Rating: C-

Median Annual Wage: $145,760

Percentage of Paycheck to Repay: 25.16%-18.72%

Employment Change: 44.2%

Entry-Level Education: Doctoral or professional degree

Judges, magistrate judges, and magistrates

Projection Rating: C

Median Annual Wage: $148,910

Percentage of Paycheck to Repay: 24.63%-18.32%

Employment Change: 0.9%

Entry-Level Education: Doctoral or professional degree

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Investing in a law degree is a significant decision, and the University of Illinois at Urbana-Champaign (UIUC) offers one of the most promising returns on investment in legal education. With a strong reputation and a robust alumni network, UIUC provides students with invaluable resources that enhance their career prospects.

When considering the ROI of a law degree from UIUC, it's essential to look at several key factors. First, the university boasts an impressive bar passage rate, consistently above the national average, which speaks volumes about the quality of education and preparation students receive.

Moreover, the employment rates for graduates are notably high. Many UIUC law alumni secure positions at top law firms, corporations, and government agencies shortly after graduation. This career placement success is a testament to the school's rigorous curriculum and extensive networking opportunities.

Additionally, the cost of attending UIUC compared to the potential earnings post-graduation is another crucial aspect of ROI. The university offers competitive tuition rates, and graduates often command lucrative starting salaries in the legal field. The financial support services and scholarship opportunities provided by UIUC further enhance the affordability of obtaining a law degree.

Furthermore, the location of the University of Illinois at Urbana-Champaign plays a pivotal role in its appeal. Situated in a vibrant community with access to major legal markets, students benefit from internships, externships, and networking events that can lead to successful careers.

In summary, a law degree from the University of Illinois at Urbana-Champaign not only equips students with essential legal knowledge and skills but also offers a compelling return on investment. With high bar passage rates, exceptional employment outcomes, and a supportive educational environment, UIUC is an excellent choice for aspiring legal professionals aiming for a successful future.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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