Law Degree from University of Minnesota – Twin Cities Return on Investment

See what the return on investment is for jobs that someone with a Law degree from University of Minnesota – Twin Cities is likely to work in.

F D C B A
Approximate Total Payment $371,435
Approximate Total Interest $105,129
Monthly Payment $2579.41
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 university of minnesota - twin cities

Lawyers

Projection Rating: C+

Median Annual Wage: $145,760

Percentage of Paycheck to Repay: 21.24%-15.80%

Employment Change: 44.2%

Entry-Level Education: Doctoral or professional degree

Judges, magistrate judges, and magistrates

Projection Rating: C+

Median Annual Wage: $148,910

Percentage of Paycheck to Repay: 20.79%-15.47%

Employment Change: 0.9%

Entry-Level Education: Doctoral or professional degree

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Investing in a law degree from the University of Minnesota - Twin Cities is a decision that can shape your future and enhance your career prospects. With a rich tradition of academic excellence and a commitment to preparing students for the legal profession, this program offers exceptional value and a strong return on investment (ROI).

One of the key factors contributing to the ROI of a law degree from the University of Minnesota is its impressive employment rates. Graduates are highly sought after by top law firms, corporations, and public interest organizations. The school's extensive alumni network, combined with its strong relationships with the legal community, provides students with valuable job placement opportunities.

Furthermore, the University of Minnesota - Twin Cities offers a comprehensive curriculum that not only covers foundational legal principles but also emphasizes practical skills through clinical programs and internships. This hands-on experience equips graduates with the tools they need to excel in their careers, leading to higher starting salaries and greater job satisfaction.

Financially, the cost of attending the University of Minnesota is competitive compared to other law schools, especially considering the potential earning power of its graduates. With a manageable student debt load and a robust support system for financial aid, students can focus on their studies without the burden of overwhelming financial stress.

Additionally, the university's location in the vibrant Twin Cities provides an ideal backdrop for legal education. The region is home to numerous law firms, corporations, and nonprofit organizations, offering students ample opportunities for networking and internships. This proximity to a thriving legal market enhances the overall value of the degree.

In conclusion, a law degree from the University of Minnesota - Twin Cities not only prepares students for a successful legal career but also offers a strong return on investment. With high employment rates, competitive tuition, and a wealth of practical experience, graduates are well-positioned to achieve their professional goals and make a meaningful impact in the legal field.

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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