Connect
To Top

We’ll Tell You Why Going to This Law School Isn’t A Good Idea

It’s not a secret that going to law school is a massive investment in time as well as money. But as one would expect, lawyers usually enjoy high wages, fulfilling careers, and more. However, what school you attend can often affect how the investment you make pays off.

Some law schools are simple bargains, while some are practically debt firms. Knowing which is which before ever wasting thousands of dollars on pursuing a career that will likely never really pay back all the money you spent should be the priority of all aspiring law students.

Don’t enroll at Florida Coastal!

The Department of Education finally decided to take a break from grinding their boot into the necks of teachers from public schools in November 2019 to issue a report about indebtedness in law school graduates. Forbes also released a meticulous, expert analysis through their senior contributor Wesley Whistle. They showed what students could find out from the figures, and we’ll be blunt: Florida Coastal is not a school you should go to.

Since Charlotte is already closed and Arizona Summit is already on its way to closing down as well, one of the last standing stones in the for-profit Infilaw ordeal is clearly a bad bargain. Its figures provide stark relief of how much of a tramp deal it is.

How much is their median debt per student?

Florida Coastal graduates have median debts that go up to $198,655, a jaw-dropping amount before you realize that the median pay for graduates is $35,300/year. A student debt to gross profit ratio of about 5.6 to 1 is… quite shocking. Compare this with Columbia, a school that leaves its graduates with a median $165,314 debt, but at least offers its graduates a median pay of $180,300 and the hope of being debt-free as they hit 30. Without a doubt, Florida Coastal landing students in deeper debt than Columbia is a sham.

Some of the schools that haven’t closed down yet

Out of the five gravest perpetrators in this regard, at most, only three will still be up to continue perpetrating this ordeal on students in 2020. Florida Coastal and Southwestern are still operational, but Whittier and Charlotte are now out of business. Meanwhile, Thomas Jefferson School of Law recently failed its accreditation, which increases the odds that it may close down next.

If you want to go to law school, we beg you not to attend one of these schools. Everybody likes to profess that they are the exception who will overcome the odds at the institution, but gambling on yourself demands a dash of realism. Nonetheless, if they’re nearly $200K deep in debt for a $35K wage, gambling obviously isn’t their strongest suit.

More in Career

You must be logged in to post a comment Login