Muller: Law Schools With The Best And Worst Debt-To-Income Ratios Among Recent Graduates

Following upon my previous posts (links below):  Derek Muller (Iowa), Which Law Schools Have the Best and Worst Debt-to-Income Ratios Among Recent Graduates?:

Last year, a treasure trove of data from the Department of Education offered incredible insights into debt and earnings of law school graduates. A recent update for 2018-2019 has been made available, and we can look at the data again.

One intriguing figure is the “debt-to-income” ratio (last year, plenty of people hated this term, but I’m still using it), or how much student debt recent graduates have compared to their earnings. ... A good rule of thumb might be that “manageable” debt loads are those where debt is about equal to expected income at graduation—i.e., a ratio of 1.00 or lower. Only 22 schools meet that definition among median debt and earnings. ...

In contrast,  17 law schools have debt-to-income ratios greater than 3.0.

Prior TaxProf Blog coverage:

• Law Schools With The Best Debt-to-Income Ratios Among Recent Graduates (Nov. 25, 2019)
• Debt-To-Income Ratios Among The Top 14, 21 California, And 15 New York Law Schools (Dec. 10, 2019)
• Law Schools With The Worst Debt-to-Income Ratios Among Recent Graduates (Jan. 11, 2020)