Law Degree from Fordham University Return on Investment
See what the return on investment is for jobs that someone with a Law degree from Fordham University is likely to work in.
Top job projections for graduates in law from fordham university
Lawyers
Projection Rating: F-
Median Annual Wage: $145,760
Percentage of Paycheck to Repay: 51.12%-38.04%
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: 50.04%-37.24%
Employment Change: 0.9%
Entry-Level Education: Doctoral or professional degree
Investing in a law degree is a significant decision, and understanding the return on investment (ROI) is crucial for prospective students. Fordham University, with its prestigious law program, offers a comprehensive education that prepares graduates for successful careers in various legal sectors. Analyzing the ROI of a Fordham law degree involves examining several key factors, including tuition costs, potential salary outcomes, job placement rates, and the value of the Fordham network.
The cost of attending Fordham Law School is competitive, but it is important to consider the long-term benefits. Graduates often secure lucrative positions in top law firms, corporate legal departments, and government agencies. According to recent statistics, the median starting salary for Fordham Law graduates is significantly higher than the national average, making the financial investment in a Fordham law degree worthwhile.
Additionally, Fordham’s strong emphasis on practical training, clinics, and internships equips students with real-world experience that enhances their employability. The university's location in New York City provides unparalleled access to a vibrant legal market, networking opportunities, and potential employers, further boosting the ROI for graduates.
Fordham Law's alumni network is another vital aspect contributing to the degree's ROI. Graduates benefit from extensive connections within the legal community, which can lead to job opportunities, mentorship, and career advancement. This strong network not only supports recent graduates but also fosters lifelong career growth.
In summary, a law degree from Fordham University offers an impressive return on investment when considering the quality of education, potential earnings, and the robust professional network available to graduates. For those looking to pursue a career in law, Fordham stands out as a leading choice that can pave the way 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.