Good news for prospective law students

Deciding whether or not to enroll in law school is a big decision, with the potential for a lot of debt (and a degree) at the end. (Related: So you think you want to become a lawyer?) So prospective law students often ask: Is it going to be worth it?

In this article, The Economic Value of a Law Degree,

[t]he authors conclude that ”a law degree is associated with a 60 percent median increase in monthly earnings and 50 percent increase in median hourly wages…[and] estimate the mean pre-tax lifetime value of a law degree as approximately $1,000,000.”

See more here.