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Law school is a big investment. Even if you have a full ride scholarship, you are still investing three full years of your life in the pursuit of becoming a lawyer. And these are not three dreamy years of relaxing on the beach. Oh no, law students routinely talk about law school as the most stressful time of their entire lives.
And for most students the financial investment is very large. When law school is $60,000 per year plus living expenses, it’s no surprise that law students often graduate with over $200,000 in law school debt alone.
So bottom line, law school costs a lot of money and take a lot of time.
But is it worth it?
The payoffs can be huge. Some first year associate salaries at big firms are up to $190,000 per year. Being a lawyer can be a great vocation. But it’s not for everyone.
In this video we’re going to talk about who will get the most out of law school. We’ll talk about who should not under any circumstances go to law school.
We’ll talk about the economics of the huge upfront costs of law school and law school debt.
And most importantly we’ll talk about when it’s worth it to make the plunge.
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