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[quote=Anonymous][quote=Anonymous]If you can do it without taking on debt, then great.

They have had to adjust the previous style of reporting to be more accurate as in previous years, law schools would happily allow you to go 6 fixures in the hole and promise that the median income was $160k (2010 law grad here). It wasn't.

What schools are reporting is still not accurate but better than before.

[b]A lot depends on what your kid think s/he will do as a career but finding the balance between highly ranked school and low debt gives the most options. The one outlier to that is a local, lower ranked law school like George Mason in Arlington makes a lot of sense for this area if you aren't looking for big law and want a large network of local alumni.[/b]

We are a two JD family and will pay off both our loans 11 years out. Given our years of underemployment post recession, I feel really good about that but it still is a huge amount of interest. The life time earning potential will make up for it for us (commercial software transactions and financial services attorneys). [/quote]

I did this and it worked out well for me.  Got into better schools but I couldn't take on the debt.  Went in-state at GMUSL and came out with a "boutique" law job that was half of what my friends in big law were making (80k) and about 80k in debt.  Paid off the debt in 2.5 years and the opportunity cost of actually going back to law school in about 5 years.  That was pretty liberating, knowing that I could quit practicing law after that and not feel like I'd wasted my time or money.  I think many people forget about the opportunity cost aspect.[/quote]

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