Debt-to-Income Ratio

Haub Law Beats Out Competitor Schools on Debt-to-Income Ratio

Data from the U.S. Department of Education offers a look at law graduate debt levels and first-year income. This information can help aspiring lawyers estimate the costs of law school and their income potential upon graduation.

The numbers below are based on the median amount their graduates took out in federal loans in 2015 and 2016, and their median income in their first year of repayment.

Median debt exceeded first-year income at 94% of law schools nationwide.

SCHOOL DEBT-TO-INCOME RATIO MEDIAN DEBT MEDIAN INCOME
Haub Law 1.69 $102,821 $60,700
St. John’s 1.71 $112,662 $65,900
SUNY Buffalo 1.75 $90,928 $52,100
Brooklyn Law 1.81 $119,909 $66,100
Syracuse  1.86 $106,000 $57,000
Albany Law 2.05 $110,549 $53,900
Touro College 2.70 $150,767 $55,800
Hofstra University 2.70 $148,342 $55,000
New York Law School 2.82 $167,078 $59,300

SOURCES: U.S. Department of Education; Excess of Democracy Blog 2019; ALM 2019

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