Law Degree from Pace University – New York Return on Investment

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

F D C B A
Approximate Total Payment $801,995
Approximate Total Interest $226,992
Monthly Payment $5569.41
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 pace university - new york

Lawyers

Projection Rating: F-

Median Annual Wage: $145,760

Percentage of Paycheck to Repay: 45.85%-34.12%

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: 44.88%-33.40%

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 to evaluate is the return on investment (ROI). A law degree from Pace University in New York not only provides a robust legal education but also offers significant value in terms of career opportunities and earning potential.

Pace University’s law program is designed to equip students with the knowledge and skills necessary to excel in the legal field. The curriculum emphasizes practical experience, critical thinking, and ethical practice, ensuring graduates are well-prepared for the challenges of modern law. With a strong network of alumni and connections to major law firms and organizations in New York, students benefit from valuable internship and employment opportunities that can lead to lucrative careers.

The ROI of a law degree from Pace University is further enhanced by the university's location in New York City—a global hub for legal practice. Graduates have access to a diverse range of legal specialties, from corporate law to public interest law, allowing them to find their niche and maximize their earning potential. The university's commitment to experiential learning, including clinics and externships, means students can gain hands-on experience while still in school, making them more competitive in the job market.

According to recent statistics, Pace University law graduates have impressive employment rates shortly after graduation. Many secure positions at prestigious law firms, corporations, and non-profit organizations, often with starting salaries that reflect the high cost of living in New York City. This immediate employment can significantly offset the cost of tuition and living expenses, contributing to a positive ROI.

Moreover, Pace Law School is known for its emphasis on public service and social justice, attracting students who are passionate about making a difference. For those interested in public interest law, the university offers various scholarships and programs that further enhance the financial viability of pursuing a law degree.

In conclusion, a law degree from Pace University provides a compelling return on investment. With a comprehensive curriculum, strong employment outcomes, and access to a vibrant legal market, graduates are well-positioned to achieve their career goals while making a meaningful impact in the legal field. If you are considering a law degree, Pace University in New York is an excellent choice that promises both academic rigor and financial rewards.

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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