The New York Times: Texas Law a Great Return on Investment
Yet more recognition of the great value offered by a Texas Law degree comes this week from The New York Times. The Times notes that the School of Law is “among the 10 schools offering the best salary-to-debt ratios,” and “grouped with Harvard, Yale and Stanford among the top schools that offered their graduates good value for the substantial debt they incurred while law students.”
The reporting is based on a recent analysis released by SoFi, or Social Finance Inc., a company that focuses on student debt issues as part of its mission of developing financial security for young people.
The figures presented in SoFi’s review of average salary and average debt follow a similar study conducted last fall by U.S. News & World Report, looking at the ratio of median starting salaries to average law school debt. That study found that Texas Law has the best salary-to-debt ratio of any law school in the country.
For Dean Ward Farnsworth, the law school’s excellent return on investment is among its greatest virtues. “The idea of this law school has always been to provide a top-tier education and top-tier credential without putting our students deep into debt,” he said. “We’re always grateful when objective sources recognize our success in getting it done.”