Law Degree from Cornell University Return on Investment
See what the return on investment is for jobs that someone with a Law degree from Cornell University is likely to work in.
Top job projections for graduates in law from cornell university
Lawyers
Projection Rating: F-
Median Annual Wage: $145,760
Percentage of Paycheck to Repay: 53.29%-39.65%
Employment Change: 44.2%
Entry-Level Education: Doctoral or professional degree
Judges, magistrate judges, and magistrates
Projection Rating: F-
Median Annual Wage: $148,910
Percentage of Paycheck to Repay: 52.16%-38.81%
Employment Change: 0.9%
Entry-Level Education: Doctoral or professional degree
The return on investment (ROI) of a law degree from Cornell University is a critical consideration for prospective law students. Cornell Law School, renowned for its rigorous academic programs and distinguished faculty, offers a unique blend of theoretical knowledge and practical skills that prepares graduates for successful careers in various legal fields.
When evaluating the ROI of a Cornell law degree, one must consider several factors, including tuition costs, potential starting salaries, and employment rates. While the cost of attending law school can be significant, Cornell’s commitment to its students often results in high post-graduation employment rates. Graduates frequently secure positions at top law firms, corporations, and government agencies, often with competitive salaries that significantly outweigh their educational expenses.
According to recent statistics, the average starting salary for Cornell Law graduates is among the highest in the nation. Many alumni quickly find themselves in lucrative positions, which can lead to a substantial return on the initial investment made during their studies. Additionally, the robust alumni network provides valuable connections, mentorship opportunities, and resources that can further enhance career prospects.
Cornell Law School also emphasizes practical experience through internships, clinics, and externships. These opportunities not only enrich the educational experience but also allow students to build a professional network before they even graduate, further increasing their employability and potential ROI.
In conclusion, while the financial commitment of obtaining a law degree from Cornell University is significant, the long-term benefits, including high starting salaries and strong employment rates, suggest a promising return on investment. For those who are passionate about pursuing a legal career, a law degree from Cornell can be a transformative opportunity that pays dividends over time.
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.