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Reply to "Advice for a career switch from teacher to lawyer?"
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[quote=Anonymous]Well financially it doesn't really make sense. As a 15 year teacher, you are probably making say $75,000 a year. Tuition at Georgetown for law school is $60,000 a year. So if you went full time you would be out: $75,000 (lost salary) x 3 = $225,000 $60,000 (tuition) x 3 = $180,000 Total cost to you is: $405,000 Since you would be 43 years old when you graduated, let's assume that you are going to work for 22 more years. In that time you would need to make ~$18,500 more a year vs teaching to break even after 22 years of work. Really with the time value of money you would probably need to make $25,000 a year more as a lawyer to break even. So assuming you can: 1) Go to a good law school full time 2) Get a job that pays you close to $100,000 a year after graduating 3) Can give up the all of the summers off, spring break off, winter break off, etc that comes with teaching. 4) Give up the good benefits and pension that teachers have. After 22 years you will break even financially switching your career, just before you retire.[/quote]
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