Law Degree from Loyola University New Orleans Return on Investment

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

F D C B A
Approximate Total Payment $753,295
Approximate Total Interest $213,208
Monthly Payment $5231.21
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 loyola university new orleans

Lawyers

Projection Rating: F

Median Annual Wage: $145,760

Percentage of Paycheck to Repay: 43.07%-32.05%

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: 42.16%-31.37%

Employment Change: 0.9%

Entry-Level Education: Doctoral or professional degree

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When considering a law degree, one of the most critical factors for prospective students is the return on investment (ROI). A law degree from Loyola University New Orleans not only provides a comprehensive legal education but also offers significant financial advantages that can enhance your career prospects and earning potential.

Graduates from Loyola's College of Law are well-equipped to enter the competitive legal market, thanks to the institution's rigorous curriculum, experienced faculty, and extensive networking opportunities. The law school's strong emphasis on practical training through clinics and externships ensures that students gain real-world experience, making them more attractive to future employers.

The ROI of a law degree from Loyola is underscored by impressive employment rates and starting salaries for graduates. Many Loyola alumni secure positions in prestigious law firms, government agencies, and non-profit organizations shortly after graduation. According to recent data, graduates report an average starting salary that significantly exceeds the national average for new attorneys, underscoring the financial benefits of earning a law degree from this esteemed institution.

Additionally, Loyola University New Orleans offers a competitive tuition rate compared to other law schools, which means that students can minimize their debt while maximizing their earning potential. The law school also provides various scholarship opportunities, financial aid packages, and resources that help students manage costs effectively.

Investing in a law degree from Loyola not only prepares you for a rewarding career in law but also represents a strategic financial decision. With a strong alumni network, a supportive academic environment, and a commitment to student success, Loyola University New Orleans is an excellent choice for those seeking to achieve their professional goals in the legal field.

In conclusion, the return on investment for a law degree from Loyola University New Orleans is compelling. Graduates leave equipped with the skills, experience, and connections necessary to thrive in the legal profession, making it a wise investment in 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.

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