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Cornell Law Ranks #1 in Debt-to-Earnings Ratio for Law School Graduates in NY

As reported by the New York Law Journal, Cornell Law ranks first among New York State law schools in the debt-to-earnings ratio for graduates. The chart below shows the debt-to-earnings ratios for all 15 law schools in the state. As noted in the article, the numbers are based on the median amount of money the schools’ graduates took out in federal loans in 2015 and 2016, as well as their median earnings in their first year of repayment. According to the article, only Cornell Law School and Columbia Law School had graduates who on average earned more in their first year than they borrowed. Graduates of Cornell Law took out a median $153,937 in federal loans and brought in a median $175,200 in their first year on the job. Click here to view the full article.

 

NY Law School Debt-to-Earnings Ratio
Ranking # Law School Ratio
1 Cornell Law School 0.88
2 Columbia Law School 0.92
3 NYU School of Law 1.05
4 City University of New York School of Law 1.43
5 Fordham University 1.53
6 Yeshiva University Benjamin Cardozo School of Law 1.68
7 Pace University Elisabeth Haub School of Law 1.69
8 St. John’s University School of Law 1.71
9 State University of New York at Buffalo Law School 1.75
10 Brooklyn Law School 1.81
11 Syracuse University College of Law 1.86
12 Albany Law School 2.05
14 Hofstra University Maurice A. Deane School of Law 2.70
14 Touro College Jacob D. Fuchsberg Law Center 2.70
15 New York Law School 2.82

 

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