Getting Schooled in Law Loans

Stephanie Landsman:

The American Bar Association has officially issued a warning on its website.

The ABA is now making the case to persuade college students not to go to law school.

According to the association, over the past 25 years law school tuition has consistently risen two times faster than inflation.

The average private law student borrows about $92,500 for law school, while law students who attend public schools take out loans for $71,400. These numbers do not include any debt law students may still have from their time as undergraduates.

Posted by Jim Zellmer at January 7, 2011 1:02 AM
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