Law Degree from University of Southern Maine Return on Investment
See what the return on investment is for jobs that someone with a Law degree from University of Southern Maine is likely to work in.
Top job projections for graduates in law from university of southern maine
Lawyers
Projection Rating: B-
Median Annual Wage: $145,760
Percentage of Paycheck to Repay: 19.10%-14.21%
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: 18.70%-13.91%
Employment Change: 0.9%
Entry-Level Education: Doctoral or professional degree
When considering a law degree, one of the most important factors to evaluate is the return on investment (ROI). The University of Southern Maine (USM) offers a comprehensive law program designed to equip students with the skills and knowledge necessary to excel in the legal field. But how does this degree stack up in terms of ROI?
The ROI of a law degree from USM can be assessed through various metrics, including employment rates, average salaries of graduates, and the cost of tuition. USM’s law program is not only affordable compared to many other institutions, but it also provides students with valuable opportunities for internships and networking within the legal community.
Graduates of USM’s law program have gone on to secure positions in various sectors, including private practice, corporate law, public interest, and government roles. Many alumni report a significant increase in earning potential following graduation, with average starting salaries often surpassing the initial investment in their education.
Moreover, USM’s commitment to experiential learning means that students gain practical experience through clinics and externships, further enhancing their employability. This hands-on approach not only prepares students for the challenges of a legal career but also fosters connections that can lead to job offers upon graduation.
In addition to financial considerations, pursuing a law degree from USM can lead to personal fulfillment and career advancement. Many graduates find that they can make a meaningful impact in their communities and advocate for social justice, which adds intrinsic value to their education.
In conclusion, the return on investment for a law degree from the University of Southern Maine can be quite favorable. With a solid educational foundation, strong alumni network, and numerous career opportunities, students can feel confident that their investment in a law degree will pay off in both financial and personal growth.
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.