Paul L. Caron

Thursday, May 4, 2023

Muller: Law Schools With The Best And Worst Student Debt-To-Income Ratios

Following up on my previous posts (links below):  Derek Muller (Iowa; Google Scholar), Which Law Schools Have the Best and Worst Debt-to-Income Ratios Among Recent Law School Graduates? 2023 Update:

The Department of Education offers data with incredible insights into debt and earnings of university graduates. Recent updates are available, and we can look at the data again. ...

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 20 schools meet that definition among median debt and earnings, and a few others are close.


Many ratios, however, are significantly higher than that. 59 have ratios above 2.00; of those, 13 have ratios above 3.00. Only a couple of schools in the USNWR “top 50” rankings cross the 2.00 ratio.

TaxProf Blog coverage:

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