Debt: The Silent Killer

[sakky]

<p>

These stats are almost certainly inaccurate. With no indication how many students reported salary data, the numbers don’t mean anything. Considering the majority of SMU grads who end up at firms end up at very small ones, I’m about 100% confident some are making less than $45K. And, obviously, the less-successful grads are less likely to report salary data.

</p>

<p>

parentstwo is being generous, it is widely thought that MANY of these lower tier law schools simply lie about their employment prospects, and at best they are misleading. Your naivety with employment prospects is a little surprising sakky.

</p>

<p>Then let me put it this way. The Department of Labor reports that the median lawyer, 9 months after graduation, earns $68.5k a year, with private practice lawyers with that level of experience earning a whopping $108.5k a year. While I can agree that there may be misleading data within the websites of individual law schools, surely you would not accuse the government of posting deliberately misleading data? </p>

<p>[url=<a href=“http://www.bls.gov/oco/ocos053.htm#earnings]Lawyers[/url”>http://www.bls.gov/oco/ocos053.htm#earnings]Lawyers[/url</a>]</p>

<p>Hence, I ask again, if the median private practice lawyer from the entire gamut of law schools with merely 9 months of experience nevertheless makes 6 figures, why is the notion that a HLS graduate finding a laid-back job paying only $40k so outrageous?</p>