Law Degree from University of North Carolina at Chapel Hill Return on Investment

See what the return on investment is for jobs that someone with a Law degree from University of North Carolina at Chapel Hill is likely to work in.

F D C B A
Approximate Total Payment $362,766
Approximate Total Interest $102,675
Monthly Payment $2519.21
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 university of north carolina at chapel hill

Lawyers

Projection Rating: C+

Median Annual Wage: $145,760

Percentage of Paycheck to Repay: 20.74%-15.43%

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: 20.30%-15.11%

Employment Change: 0.9%

Entry-Level Education: Doctoral or professional degree

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Investing in a law degree from the University of North Carolina at Chapel Hill (UNC) is not just a step towards a prestigious career; it's a strategic financial decision that offers a substantial return on investment (ROI). With its renowned law school, UNC provides students with a solid foundation in legal principles, practical experience, and a robust network of alumni.

One of the key factors contributing to the high ROI of a law degree from UNC is the school's strong placement rates. Graduates often secure positions in reputable law firms, government agencies, and non-profit organizations shortly after graduation. The average starting salary for UNC law graduates is significantly above the national average, making the financial commitment worthwhile.

Moreover, the cost of tuition at UNC is competitive compared to other top law schools, allowing students to graduate with less debt. This lower financial burden enhances the potential for a positive ROI, as graduates can begin paying off their loans more quickly while enjoying a rewarding career in law.

In addition to financial gains, a law degree from UNC equips students with critical thinking skills, advanced legal knowledge, and the ability to navigate complex legal issues. The school's emphasis on experiential learning through clinics and internships further enriches the educational experience, ensuring that graduates are well-prepared for the challenges of the legal profession.

The vibrant community and diverse student body at UNC also contribute to a rich educational environment, fostering collaboration and networking opportunities that extend beyond graduation. Many alumni remain actively involved with the university, providing mentorship and job opportunities for new graduates.

In summary, a law degree from the University of North Carolina at Chapel Hill not only opens doors to a successful career but also promises an impressive return on investment. With its combination of strong employment outcomes, manageable tuition costs, and a supportive alumni network, UNC stands out as a top choice for aspiring legal professionals.

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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