Diverse: Issues In Higher Education
Georgetown University’s CEW report reveals nearly 20% of law school graduates earn $55,000 net after loan payments, with average debt of $120,000. Top law schools yield higher ROI, with median earnings net of debt above $200,000. However, these schools educate only 20% of all law students. The report also highlights racial and gender disparities, with schools having higher percentages of Latinx, Black, and female students showing lower net earning medians. High debt may limit career options, particularly for those not intending to practice law. The report suggests more scholarships for students with lower GPAs or LSAT scores to address inequities.