Choosing a Law School
Economic Factors
The economic factor entails not only the actual dollar cost of law school, which includes tuition, books, room and board, etc., but also a consideration of what you get for your investment. The cost of books and supplies will everywhere be considerably more than that paid as an undergraduate, and currently can be greater than $1000 per year. Inquire about any additional class or student fees that might be incurred, as well as the likelihood of tuition increases over the next few years.
While value received for tuition and books is a given, considerably more judgment must go into the computation of general living expenses. Obviously, a specific dollar amount buys more in Tempe than in New York City or Los Angeles. In addition, the kind of accommodations desired may be available within walking distance of one law school while the nearest are a half-hour's ride away at another. Thus, the availability and cost of public transportation, car insurance, and parking may also become economic considerations.
The above costs, plus all additional living expenses, constitute the economic factor that must be considered when choosing a law school.
Be sure also to investigate thoroughly the availability of financial support, such as loans, scholarships, and, for second- and third-year students, employment opportunities at the law school or with law firms. Many law students graduate with a large amount of personal debt. This can affect your quality of life and career choices down the line. Therefore, it is well worth the time to investigate the economic aspects of each law school before making a final choice about where to attend.
See Financing Law School and Financial Aid links.