…And for some reason U.S. News didn’t rank law schools by debt, generously offering me an opportunity to do so in its stead.
Each year U.S. News lists the amount of debt law schools’ recent graduates took out. Importantly, the figure excludes accrued interest, which can be quite considerable. However, these figures are probably the best estimate of the cost of attendance at a particular law school, presented in a comparable form. The ABA does not publicize graduate debt in the 509 information reports, making U.S. News an unfortunately necessary source.
Here’s the debt table. A recurring problem in U.S. News‘ debt data is law schools that misreport their graduating students’ annual debt as opposed to their cumulative debt, which is what the magazine asks for. Thus, I include last year’s numbers for illustration and encourage ridicule of law schools that cannot follow basic directions.
# | SCHOOL | 2014 DEBT | 2015 DEBT | PCT. CHANGE |
---|---|---|---|---|
1. | Thomas Jefferson | 172,445 | 172,726 | 0.2% |
2. | Columbia | 154,076 | 168,627 | 9.4% |
3. | New York University | 147,744 | 166,022 | 12.4% |
4. | San Francisco | 154,321 | 162,434 | 5.3% |
5. | John Marshall (Chicago) | 143,518 | 162,264 | 13.1% |
6. | California Western | 151,197 | 162,260 | 7.3% |
7. | New York Law School | 166,622 | 161,910 | -2.8% |
8. | Florida Coastal | 162,785 | 160,942 | -1.1% |
9. | Georgetown | 150,529 | 160,606 | 6.7% |
10. | American | 159,316 | 160,274 | 0.6% |
11. | Vermont | 156,713 | 156,710 | 0.0% |
12. | Miami | 143,845 | 155,796 | 8.3% |
13. | Northwestern | 163,065 | 155,796 | -4.5% |
14. | Tulane | 140,965 | 153,606 | 9.0% |
15. | Harvard | 137,599 | 149,754 | 8.8% |
16. | Pacific, McGeorge | 140,517 | 149,470 | 6.4% |
17. | Fordham | 140,577 | 149,058 | 6.0% |
18. | Pepperdine | 145,525 | 148,959 | 2.4% |
19. | Widener (Commonwealth) | 148,496 | ||
20. | Whittier | 151,602 | 148,316 | -2.2% |
21. | Loyola (CA) | 147,701 | 148,035 | 0.2% |
22. | Virginia | 132,182 | 146,907 | 11.1% |
23. | Charleston | 147,031 | 146,230 | -0.5% |
24. | California-Berkeley | 143,546 | 144,981 | 1.0% |
25. | Pennsylvania | 130,002 | 144,153 | 10.9% |
26. | Santa Clara | 136,990 | 144,130 | 5.2% |
27. | Golden Gate | 146,288 | 143,740 | -1.7% |
28. | Michigan | 132,473 | 142,572 | 7.6% |
29. | Lewis and Clark | 127,064 | 140,025 | 10.2% |
30. | Catholic | 144,737 | 139,803 | -3.4% |
31. | Syracuse | 129,249 | 139,753 | 8.1% |
32. | Suffolk | 120,993 | 138,724 | 14.7% |
33. | Mercer | 125,301 | 138,575 | 10.6% |
34. | Marquette | 134,533 | 138,549 | 3.0% |
35. | Barry | 149,175 | 138,410 | -7.2% |
36. | Detroit Mercy | 132,245 | 137,047 | 3.6% |
37. | Widener (Delaware) | 139,229 | 136,992 | -1.6% |
38. | Seattle | 131,414 | 136,889 | 4.2% |
39. | George Washington | 141,346 | 136,662 | -3.3% |
40. | California-Hastings | 129,178 | 135,886 | 5.2% |
41. | Baylor | 116,666 | 135,817 | 16.4% |
42. | San Diego | 128,477 | 135,433 | 5.4% |
43. | Southern California | 137,163 | 134,673 | -1.8% |
44. | Ave Maria | 132,236 | 134,071 | 1.4% |
45. | Willamette | 136,099 | 133,318 | -2.0% |
46. | Loyola (IL) | 134,968 | 133,052 | -1.4% |
47. | Seton Hall | 128,100 | 133,000 | 3.8% |
48. | Stanford | 128,137 | 132,970 | 3.8% |
49. | Denver | 132,083 | 132,158 | 0.1% |
50. | DePaul | 125,895 | 131,148 | 4.2% |
51. | Duke | 125,406 | 131,073 | 4.5% |
52. | Valparaiso | 132,010 | 131,024 | -0.7% |
53. | Stetson | 148,394 | 130,079 | -12.3% |
54. | Penn State (Penn State Law) | 129,772 | ||
55. | Chicago | 144,695 | 129,636 | -10.4% |
56. | Elon | 132,444 | 128,407 | -3.0% |
57. | Northeastern | 134,918 | 127,406 | -5.6% |
58. | California-Irvine | 102,891 | 125,473 | 21.9% |
59. | Gonzaga | 121,281 | 125,347 | 3.4% |
60. | Hofstra | 143,646 | 125,300 | -12.8% |
61. | Albany | 130,184 | 125,157 | -3.9% |
62. | Pace | 122,180 | 124,823 | 2.2% |
63. | Southern Methodist | 124,617 | 124,723 | 0.1% |
64. | Loyola (LA) | 117,892 | 124,143 | 5.3% |
65. | Samford | 124,106 | 124,106 | 0.0% |
66. | Nova Southeastern | 136,450 | 123,798 | -9.3% |
67. | Roger Williams | 128,543 | 123,332 | -4.1% |
68. | Notre Dame | 111,310 | 122,822 | 10.3% |
69. | Yale | 117,093 | 122,796 | 4.9% |
70. | St. Mary’s | 116,782 | 122,560 | 4.9% |
71. | Western State | 120,350 | 122,315 | 1.6% |
72. | George Mason | 126,723 | 121,910 | -3.8% |
73. | South Texas | 113,748 | 121,767 | 7.0% |
74. | Oklahoma City | 121,476 | 121,607 | 0.1% |
75. | Emory | 108,690 | 121,278 | 11.6% |
76. | Cardozo, Yeshiva | 121,644 | 119,294 | -1.9% |
77. | California-Los Angeles | 121,066 | 118,874 | -1.8% |
78. | Illinois | 89,852 | 118,731 | 32.1% |
79. | Creighton | 126,586 | 117,980 | -6.8% |
80. | Penn State (Dickinson Law) | 123,842 | 116,717 | -5.8% |
81. | Capital | 113,434 | 116,283 | 2.5% |
82. | Dayton | 113,486 | 115,740 | 2.0% |
83. | St. John’s | 111,959 | 115,666 | 3.3% |
84. | Campbell | 90,065 | 115,128 | 27.8% |
85. | Chicago-Kent, IIT | 119,884 | 115,040 | -4.0% |
86. | Maryland | 102,183 | 114,493 | 12.0% |
87. | Vanderbilt | 122,327 | 114,447 | -6.4% |
88. | California-Davis | 93,498 | 113,765 | 21.7% |
89. | St. Louis | 128,764 | 113,070 | -12.2% |
90. | Boston College | 97,006 | 112,439 | 15.9% |
91. | Baltimore | 114,725 | 112,008 | -2.4% |
92. | Washington | 105,990 | 111,003 | 4.7% |
93. | Villanova | 95,297 | 110,792 | 16.3% |
94. | Richmond | 110,380 | 110,665 | 0.3% |
95. | William and Mary | 98,487 | 110,140 | 11.8% |
96. | Washington and Lee | 109,422 | 110,067 | 0.6% |
97. | Washington University | 111,345 | 109,232 | -1.9% |
98. | Brooklyn | 114,953 | 108,942 | -5.2% |
99. | New Hampshire | 121,469 | 108,896 | -10.4% |
100. | William Mitchell | 110,738 | 108,678 | -1.9% |
101. | District of Columbia | 73,175 | 108,095 | 47.7% |
102. | Drake | 108,857 | 107,679 | -1.1% |
103. | Hamline | 113,173 | 107,359 | -5.1% |
104. | Colorado | 116,280 | 107,080 | -7.9% |
105. | Oregon | 105,900 | 106,540 | 0.6% |
106. | Arizona State | 97,431 | 106,426 | 9.2% |
107. | Indiana (Indianapolis) | 96,651 | 106,114 | 9.8% |
108. | Case Western Reserve | 131,724 | 105,854 | -19.6% |
109. | Duquesne | 107,496 | 104,623 | -2.7% |
110. | Pittsburgh | 103,461 | 104,484 | 1.0% |
111. | Texas A&M [Wesleyan] | 103,500 | 104,200 | 0.7% |
112. | Chapman | 148,429 | 103,956 | -30.0% |
113. | North Carolina | 92,475 | 102,828 | 11.2% |
114. | Massachusetts — Dartmouth | 105,415 | 102,603 | -2.7% |
115. | Ohio Northern | 107,764 | 102,414 | -5.0% |
116. | Boston University | 107,850 | 102,329 | -5.1% |
117. | Texas | 100,868 | 102,101 | 1.2% |
118. | St. Thomas (MN) | 100,401 | 101,950 | 1.5% |
119. | Arizona | 95,533 | 100,902 | 5.6% |
120. | Drexel | 91,915 | 100,362 | 9.2% |
121. | Maine | 101,749 | 99,617 | -2.1% |
122. | Wake Forest | 107,532 | 97,550 | -9.3% |
123. | Quinnipiac | 119,956 | 97,335 | -18.9% |
124. | Missouri (Kansas City) | 96,639 | ||
125. | Ohio State | 97,021 | 96,253 | -0.8% |
126. | Lincoln Memorial | 95,495 | ||
127. | Florida International | 89,815 | 95,331 | 6.1% |
128. | Toledo | 96,924 | 94,295 | -2.7% |
129. | Cleveland State | 89,879 | 93,865 | 4.4% |
130. | Michigan State | 95,494 | 93,245 | -2.4% |
131. | Regent | 125,158 | 93,142 | -25.6% |
132. | Minnesota | 104,733 | 92,179 | -12.0% |
133. | Indiana (Bloomington) | 89,785 | 91,020 | 1.4% |
134. | Southern Illinois | 90,727 | ||
135. | Louisiana State | 89,471 | 90,609 | 1.3% |
136. | Houston | 88,664 | 87,602 | -1.2% |
137. | Temple | 97,323 | 86,999 | -10.6% |
138. | SUNY Buffalo | 76,010 | 86,970 | 14.4% |
139. | Louisville | 90,195 | 86,880 | -3.7% |
140. | Southern University | 77,067 | 86,708 | 12.5% |
141. | Washburn | 83,396 | 86,621 | 3.9% |
142. | Georgia | 88,825 | 86,515 | -2.6% |
143. | Iowa | 92,373 | 86,373 | -6.5% |
144. | West Virginia | 84,727 | 85,063 | 0.4% |
145. | Rutgers-Camden | 85,054 | ||
146. | Rutgers-Newark | 89,507 | 85,054 | -5.0% |
147. | South Carolina | 84,590 | 85,006 | 0.5% |
148. | Northern Kentucky | 82,989 | 84,714 | 2.1% |
149. | Wisconsin | 79,373 | 84,650 | 6.6% |
150. | Florida | 82,410 | 84,580 | 2.6% |
151. | Cincinnati | 76,663 | 82,988 | 8.3% |
152. | Tulsa | 99,305 | 82,954 | -16.5% |
153. | Oklahoma | 81,789 | 82,818 | 1.3% |
154. | Wayne State | 79,881 | 82,397 | 3.1% |
155. | Florida State | 80,375 | 82,102 | 2.1% |
156. | Nevada | 99,678 | 81,579 | -18.2% |
157. | Missouri (Columbia) | 67,289 | 81,149 | 20.6% |
158. | Kansas | 74,890 | 80,884 | 8.0% |
159. | Montana | 71,216 | 79,304 | 11.4% |
160. | Utah | 78,725 | 79,124 | 0.5% |
161. | Akron | 82,322 | 78,575 | -4.6% |
162. | Northern Illinois | 77,182 | 77,975 | 1.0% |
163. | Kentucky | 76,746 | 77,793 | 1.4% |
164. | Memphis | 78,030 | 77,752 | -0.4% |
165. | City University | 82,415 | 77,751 | -5.7% |
166. | Wyoming | 67,087 | 77,421 | 15.4% |
167. | Alabama | 69,440 | 74,921 | 7.9% |
168. | Texas Tech | 84,272 | 74,673 | -11.4% |
169. | Mississippi | 73,003 | 71,330 | -2.3% |
170. | New Mexico | 71,029 | 69,366 | -2.3% |
171. | Connecticut | 70,139 | 69,195 | -1.3% |
172. | North Dakota | 64,818 | 69,058 | 6.5% |
173. | Arkansas (Little Rock) | 69,532 | 68,960 | -0.8% |
174. | Liberty | 69,475 | 68,667 | -1.2% |
175. | Tennessee | 66,201 | 66,939 | 1.1% |
176. | Georgia State | 69,822 | 66,637 | -4.6% |
177. | Arkansas (Fayetteville) | 63,541 | 64,901 | 2.1% |
178. | Brigham Young | 54,203 | 62,423 | 15.2% |
179. | Nebraska | 62,985 | 58,744 | -6.7% |
180. | South Dakota | 78,963 | 57,170 | -27.6% |
181. | Belmont | 56,225 | ||
182. | Hawaii | 56,266 | 54,988 | -2.3% |
~14 |
Cornell | 135,000 | 155,025 |
14.8% |
184. | Mississippi College | 130,700 | 38,213 | -70.8% |
~156 |
Idaho | 92,732 | 81,993 |
-11.6% |
186. | North Carolina Central | 58,061 | 27,972 | -51.8% |
187. | Howard | 24,021 | 23,197 | -3.4% |
188. | St. Thomas (FL) | 140,808 | -100.0% | |
189. | Western New England | 130,124 | -100.0% | |
190. | Touro | 154,855 | -100.0% |
And per this post’s title, here’s the List of Shame: Law schools that chose not to submit their graduates’ debt information to U.S. News, along with their last-reported figures and the year in which they reported them. Thanks to the gainful employment rule, I was able to track down median graduate debt at three for-profits. As I am merciful, I exclude the three Puerto Rico law schools from this count. Nevertheless, 16 non-reporting law schools is a record.
- Arizona Summit [Phoenix] – $178,263 [2015, median, for-profit]
- Atlanta’s John Marshall – $161,910 [2015, median, for-profit]
- Charlotte – $145,834 [2015, median, for-profit]
- Touro – $154,855 (2014)
- Thomas (FL) – $140,808 (2014)
- Western New England – $130,124 (2014)
- New England – $132,246 (2013)
- Faulkner – $122,187 (2013)
- Southwestern – $147,976 (2012)
- WMU Cooley – $122,395 (2012)
- Appalachian – $114,740 (2012)
- La Verne – $112,628 (2012)
- Texas Southern – $99,992 (2012)
- Florida A&M – $96,934 (2011)
- Concordia – NEVER
- Indiana Tech – NEVER
Yes, Indiana Tech was provisionally accredited just days before the U.S. News rankings came out, but too bad. All accredited law schools are judged equally!
These 16 law schools account for 3,169 graduates out of 39,390, or 8 percent of the total.
Overall, weighted-average private law-school graduate debt rose from $131,195 to $132,207 $132,985 (1%). For public law schools, debt rose from $93,985 to $94,700 $95,047 (1%). The weights are the percent of graduates who took out debt per U.S. News multiplied by the number of graduates according to the 509 information reports.
Interestingly, the unweighted average private law-school graduate debt, which is what is commonly reported, fell by 1.5 0.7 percent; it rose by 1.4 2.1 percent at public law schools. Be wary of lazy reporting: The number of students at high-debt schools matter.
Other thoughts:
- Last year I didn’t think U.S. News would report Hamline’s numbers, but it did. Good on U.S. News.
- Fluctuations: District of Columbia (+48%), Illinois (+32%), and Campbell (+28%); Quinnipiac (-19%), Case Western (-20%), Regent (-26%), South Dakota (-28%), and Chapman (-30%).
- Big raspberries to North Carolina Central (-51.8%),
Cornell (-60.2%), Idaho (-65.4%),and Mississippi College (-70.8%). Please report data better.
That’s all for now.
Click to read the 2014 edition or the 2013 edition of this post.
[Update, 2016-03-28: The University of Idaho College of Law corrected its debt data.]
[Update, 2016-03-31: Cornell Law School corrected its debt data.]
Is this law school debt alone? Or is it cumulative with UG?
Just law-school debt.
US News also lists, at least last year, the % of those taking debt. Is this is weighted debt average per school or only the amount based on those who actually took out debt? If only the latter, would be interested in the former…
The debt amounts U.S. News lists are of those who took debt. It doesn’t include debt-free students. (It also probably doesn’t include dropouts, which is a different issue.)
Thank you for your excellent reporting over the years.