Law Degree from University of Memphis Return on Investment
See what the return on investment is for jobs that someone with a Law degree from University of Memphis is likely to work in.
Top job projections for graduates in law from university of memphis
Lawyers
Projection Rating: B-
Median Annual Wage: $145,760
Percentage of Paycheck to Repay: 18.59%-13.83%
Employment Change: 44.2%
Entry-Level Education: Doctoral or professional degree
Judges, magistrate judges, and magistrates
Projection Rating: B-
Median Annual Wage: $148,910
Percentage of Paycheck to Repay: 18.20%-13.54%
Employment Change: 0.9%
Entry-Level Education: Doctoral or professional degree
Are you considering a law degree from the University of Memphis? Understanding the return on investment (ROI) is crucial for your educational journey. A law degree can be a significant financial commitment, and it’s important to analyze the potential benefits against the costs involved.
The University of Memphis offers a comprehensive law program that equips students with the necessary skills to excel in the legal field. Graduates from this program are well-prepared to tackle various legal challenges, making them highly competitive in the job market.
One of the primary factors contributing to the ROI of a law degree from the University of Memphis is the employment rate of graduates. Many alumni secure positions in prestigious law firms, government agencies, and corporate legal departments. This high employment rate reflects the quality of education and the networking opportunities available through the university.
Additionally, the average starting salary for law graduates from the University of Memphis is competitive, allowing for a quicker return on your investment. Many graduates find that their earnings significantly increase within a few years of starting their legal careers, further enhancing the ROI of their degree.
Financial aid options, scholarships, and flexible tuition plans at the University of Memphis also contribute to a more manageable investment. By exploring these opportunities, students can reduce their financial burden and increase their potential ROI.
In conclusion, a law degree from the University of Memphis offers a solid return on investment. With a strong curriculum, excellent job placement rates, and competitive starting salaries, your educational investment can lead to a successful and rewarding career in law. If you’re passionate about pursuing a career in the legal field, the University of Memphis could be the right choice for you.
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.