Law Degree from Drexel University Return on Investment

See what the return on investment is for jobs that someone with a Law degree from Drexel University is likely to work in.

F D C B A
Approximate Total Payment $853,313
Approximate Total Interest $241,516
Monthly Payment $5925.79
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 drexel university

Lawyers

Projection Rating: F-

Median Annual Wage: $145,760

Percentage of Paycheck to Repay: 48.79%-36.30%

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: 47.75%-35.53%

Employment Change: 0.9%

Entry-Level Education: Doctoral or professional degree

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The decision to pursue a law degree is a significant one, and understanding the return on investment (ROI) from a law degree at Drexel University is crucial for prospective students. Drexel’s law program is designed to provide students with a robust legal education that combines theoretical knowledge with practical experience, setting graduates up for success in the legal field.

One of the key factors contributing to the ROI of a Drexel law degree is the university's strong emphasis on experiential learning. Through co-op programs and internships, students gain hands-on experience while still in school, enhancing their employability upon graduation. This real-world exposure not only sharpens their legal skills but also helps them build a professional network that can be invaluable when seeking employment.

Drexel University’s law graduates have a competitive edge in the job market, often securing positions in reputable law firms, government agencies, and corporate legal departments. According to recent statistics, the employment rate for Drexel law graduates is impressive, with many finding jobs shortly after graduation. This high employment rate translates to a quicker return on investment for students, as they can start earning a salary sooner.

Furthermore, Drexel’s law program has established connections with various legal professionals and organizations, allowing students to tap into a wealth of resources for career advancement. The university's commitment to student success is evident through its dedicated career services, which provide ongoing support even after graduation.

When considering the financial aspect, it’s important to note that while law school can be a significant investment, the potential earnings for law graduates can be substantial. Many Drexel law alumni report salaries that far exceed the average for bachelor’s degree holders, making the initial investment worthwhile. Additionally, scholarships and financial aid options are available, helping to alleviate some of the financial burdens associated with law school.

In summary, pursuing a law degree from Drexel University offers a promising return on investment. With a strong focus on experiential learning, high employment rates, and robust support services, students can expect their degree to open doors to rewarding career opportunities in the legal profession.

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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