Law Degree from Drake University Return on Investment
See what the return on investment is for jobs that someone with a Law degree from Drake University is likely to work in.
Top job projections for graduates in law from drake university
Lawyers
Projection Rating: D-
Median Annual Wage: $145,760
Percentage of Paycheck to Repay: 38.28%-28.49%
Employment Change: 44.2%
Entry-Level Education: Doctoral or professional degree
Judges, magistrate judges, and magistrates
Projection Rating: D-
Median Annual Wage: $148,910
Percentage of Paycheck to Repay: 37.47%-27.88%
Employment Change: 0.9%
Entry-Level Education: Doctoral or professional degree
When considering pursuing a law degree, prospective students often weigh the financial implications against potential career outcomes. Drake University, located in Des Moines, Iowa, offers a distinguished law program that not only equips students with the skills needed to excel in the legal field but also presents a compelling return on investment (ROI).
Drake University Law School is renowned for its commitment to practical training, exceptional faculty, and a supportive learning environment. Graduates leave well-prepared for various legal careers, including positions in private practice, public service, and corporate law. This strong foundation contributes significantly to their marketability and earning potential.
According to recent data, Drake law graduates enjoy competitive starting salaries, with many securing positions in reputable firms shortly after graduation. The school’s extensive alumni network and career services play a crucial role in helping students navigate the job market, further enhancing their ROI.
Moreover, Drake University’s emphasis on experiential learning, through clinics, internships, and externships, allows students to gain hands-on experience that can lead to job offers post-graduation. This practical approach not only boosts confidence but also increases a graduate’s value in the eyes of employers.
Financially, the cost of obtaining a law degree at Drake is competitive compared to other institutions, especially when factoring in the potential salary graduates can earn. Many students also have access to scholarships, grants, and financial aid options that can significantly reduce the overall cost of their education.
In summary, a law degree from Drake University offers a strong return on investment. With its combination of quality education, practical experience, and strong career support, graduates are well-positioned to achieve their professional goals and secure a financially rewarding career in law. If you’re considering a law degree, Drake University might just be the right choice for your 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.