Record 17 Law Schools Didn’t Report Graduate Debt to U.S. News (’17)

Each year U.S. News & World Report lists law schools by the average indebtedness of their graduates. Importantly, the figures exclude accrued interest, which can be quite considerable. However, these numbers 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, but I welcome corrections.

# SCHOOL 2015 DEBT 2016 DEBT PCT. CHANGE
1. Thomas Jefferson $182,411 $198,962 9.1%
2. Arizona Summit [Phoenix] $190,842 $190,842 0.0%
3. San Francisco $167,671 $180,799 7.8%
4. New York University $167,646 $170,955 2.0%
5. American $164,194 $169,107 3.0%
6. Georgetown $166,027 $162,739 -2.0%
7. Harvard $153,172 $162,672 6.2%
8. Golden Gate $161,809 $158,857 -1.8%
9. Columbia $159,769 $158,348 -0.9%
10. Pepperdine $154,475 $157,527 2.0%
11. George Washington $145,240 $156,167 7.5%
12. New York Law School $157,568 $154,629 -1.9%
13. John Marshall (Chicago) $158,888 $153,520 -3.4%
14. Nova Southeastern $147,879 $151,505 2.5%
15. Santa Clara $149,940 $150,627 0.5%
16. Catholic $133,917 $149,158 11.4%
17. Cornell $158,128 $148,955 -5.8%
18. Seattle $139,745 $148,896 6.5%
19. Pennsylvania $156,725 $148,879 -5.0%
20. Marquette $142,601 $148,253 4.0%
21. California-Hastings $137,157 $146,150 6.6%
22. Loyola (CA) $146,494 $145,915 -0.4%
23. Pacific, McGeorge $144,431 $144,797 0.3%
24. Fordham $116,326 $144,168 23.9%
25. California Western $147,302 $143,592 -2.5%
26. Charleston $137,345 $143,105 4.2%
27. California-Berkeley $145,260 $143,049 -1.5%
28. Virginia $155,177 $142,906 -7.9%
29. Chapman $144,409 $141,533 -2.0%
30. Widener (Commonwealth) $129,016 $141,141 9.4%
31. Vermont $52,682 $138,991 163.8%
32. Denver $150,055 $138,513 -7.7%
33. Florida Coastal $158,878 $138,204 -13.0%
34. Loyola (IL) $88,588 $137,342 55.0%
35. Miami $149,580 $137,101 -8.3%
36. Northwestern $154,923 $136,532 -11.9%
37. Elon $153,347 $135,740 -11.5%
38. Chicago $134,148 $134,853 0.5%
39. Mercer $135,300 $134,317 -0.7%
40. Lewis and Clark $139,624 $132,419 -5.2%
41. Duke $137,829 $132,002 -4.2%
42. Hofstra $142,261 $131,957 -7.2%
43. Stanford $137,625 $131,745 -4.3%
44. Southern Methodist $126,172 $131,711 4.4%
45. Detroit Mercy $152,000 $131,421 -13.5%
46. Stetson $128,703 $131,200 1.9%
47. Seton Hall $125,300 $131,182 4.7%
48. Valparaiso $136,765 $128,221 -6.2%
49. Emory $120,804 $127,541 5.6%
50. Tulane $139,508 $127,113 -8.9%
51. Belmont $40,677 $126,272 210.4%
52. Drake $112,893 $125,438 11.1%
53. Michigan $146,309 $125,199 -14.4%
54. Western New England $121,367 $125,143 3.1%
55. Willamette $148,429 $124,350 -16.2%
56. South Texas-Houston $38,717 $123,715 219.5%
57. Oklahoma City $102,024 $123,256 20.8%
58. Notre Dame $123,924 $123,210 -0.6%
59. Texas A&M [Wesleyan] $115,405 $122,562 6.2%
60. DePaul $126,446 $122,290 -3.3%
61. Southern California $140,745 $122,192 -13.2%
62. Mississippi College $119,000 $121,000 1.7%
63. California-Los Angeles $118,291 $120,980 2.3%
64. Atlanta’s John Marshall $147,694 $120,744 -18.2%
65. Widener (Delaware) $135,151 $119,648 -11.5%
66. Suffolk $135,272 $118,725 -12.2%
67. Creighton $130,145 $118,552 -8.9%
68. Brooklyn $117,581 $118,519 0.8%
69. Vanderbilt $127,434 $117,992 -7.4%
70. Loyola (LA) $39,138 $117,746 200.8%
71. Maryland $113,927 $116,837 2.6%
72. St. Mary’s $118,583 $116,635 -1.6%
73. Capital $35,079 $116,612 232.4%
74. Roger Williams $126,334 $115,869 -8.3%
75. Dayton $108,724 $114,363 5.2%
76. Cardozo, Yeshiva $118,764 $114,085 -3.9%
77. Boston College $108,873 $112,868 3.7%
78. Samford $127,611 $112,662 -11.7%
79. California-Irvine $100,408 $112,429 12.0%
80. St. Louis $117,335 $112,142 -4.4%
81. Baltimore $108,328 $111,861 3.3%
82. Yale $121,815 $111,494 -8.5%
83. Regent $124,221 $111,268 -10.4%
84. St. John’s $117,572 $110,373 -6.1%
85. Albany $107,185 $110,225 2.8%
86. Boston University $104,755 $110,082 5.1%
87. Pace $124,317 $108,380 -12.8%
88. Washington $120,554 $107,975 -10.4%
89. Chicago-Kent, IIT $107,688 $107,540 -0.1%
90. Massachusetts — Dartmouth $98,730 $107,227 8.6%
91. George Mason $118,056 $106,642 -9.7%
92. Florida International $93,838 $106,596 13.6%
93. North Carolina $95,365 $106,514 11.7%
94. Gonzaga $109,692 $104,892 -4.4%
95. Colorado $100,499 $104,338 3.8%
96. California-Davis $103,811 $104,034 0.2%
97. Duquesne $108,414 $103,633 -4.4%
98. William and Mary $90,028 $103,318 14.8%
99. San Diego $127,693 $102,296 -19.9%
100. Syracuse $117,127 $101,983 -12.9%
101. Quinnipiac $101,371 $101,581 0.2%
102. Richmond $104,624 $101,296 -3.2%
103. Texas $103,417 $100,312 -3.0%
104. South Carolina $89,388 $99,862 11.7%
105. Washington and Lee $105,426 $98,512 -6.6%
106. Minnesota $106,436 $97,910 -8.0%
107. Missouri (Kansas City) $93,678 $97,419 4.0%
108. Pittsburgh $103,990 $97,239 -6.5%
109. Indiana (Indianapolis) $105,065 $96,941 -7.7%
110. Southern Illinois $87,634 $96,722 10.4%
111. Faulkner $18,434 $96,582 423.9%
112. Campbell $131,894 $96,215 -27.1%
113. New Hampshire $95,650 $95,312 -0.4%
114. SUNY Buffalo $90,546 $95,149 5.1%
115. Michigan State $91,014 $94,540 3.9%
116. Ohio Northern $104,284 $94,119 -9.7%
117. Indiana (Bloomington) $99,895 $93,978 -5.9%
118. Penn State (Penn State Law) $117,692 $93,406 -20.6%
119. Washington University $93,768 $93,141 -0.7%
120. Houston $97,246 $92,899 -4.5%
121. Northeastern $111,410 $92,051 -17.4%
122. Drexel $96,402 $91,744 -4.8%
123. Baylor $144,732 $91,679 -36.7%
124. Ohio State $88,301 $90,638 2.6%
125. Maine $89,513 $90,636 1.3%
126. Concordia N/A $90,607 N/A
127. Western State $119,382 $90,302 -24.4%
128. Southern University $89,552 $90,211 0.7%
129. Mitchell|Hamline $100,603 $89,469 -11.1%
130. Idaho $86,022 $89,018 3.5%
131. Florida $82,480 $88,409 7.2%
132. Northern Illinois $86,899 $88,081 1.4%
133. Villanova $99,736 $87,786 -12.0%
134. Arizona State $97,780 $87,612 -10.4%
135. Illinois $99,782 $87,559 -12.2%
136. Louisville $99,581 $86,110 -13.5%
137. Louisiana State $83,919 $85,703 2.1%
138. Arizona $84,601 $85,519 1.1%
139. Cleveland State $29,051 $84,764 191.8%
140. Case Western Reserve $102,370 $84,436 -17.5%
141. Nevada $97,361 $84,386 -13.3%
142. Hawaii $82,510 $84,295 2.2%
143. Oklahoma $83,433 $84,057 0.7%
144. Lincoln Memorial $89,779 $83,526 -7.0%
145. Kentucky $59,163 $82,905 40.1%
146. Wyoming $90,231 $82,749 -8.3%
147. West Virginia $82,683 $82,542 -0.2%
148. Texas Tech $80,087 $82,355 2.8%
149. Georgia $82,199 $82,191 0.0%
150. Penn State (Dickinson Law) $109,828 $81,718 -25.6%
151. Toledo $85,649 $81,626 -4.7%
152. Oregon $17,834 $81,211 355.4%
153. Utah $91,982 $79,813 -13.2%
154. Memphis $76,997 $79,363 3.1%
155. New Mexico $75,277 $79,199 5.2%
156. Washburn $81,528 $78,287 -4.0%
157. Wayne State $81,738 $77,993 -4.6%
158. St. Thomas (MN) $100,805 $77,875 -22.7%
159. Wake Forest $105,090 $77,712 -26.1%
160. Liberty $73,857 $77,077 4.4%
161. City University $78,523 $76,302 -2.8%
162. Florida State $88,732 $75,899 -14.5%
163. Connecticut $72,042 $75,383 4.6%
164. Alabama $75,577 $75,373 -0.3%
165. Tulsa $76,988 $73,987 -3.9%
166. Temple $86,937 $73,589 -15.4%
167. Iowa $74,128 $73,230 -1.2%
168. Kansas $88,809 $72,617 -18.2%
169. Arkansas (Little Rock) $65,931 $71,969 9.2%
170. Montana $75,470 $71,604 -5.1%
171. Akron $82,854 $70,670 -14.7%
172. Arkansas (Fayetteville) $67,758 $68,924 1.7%
173. Wisconsin $77,555 $68,050 -12.3%
174. Cincinnati $75,512 $67,028 -11.2%
175. Missouri (Columbia) $80,138 $66,944 -16.5%
176. North Dakota $66,917 $65,993 -1.4%
177. Tennessee $80,445 $65,107 -19.1%
178. Mississippi $67,539 $64,644 -4.3%
179. North Carolina Central $60,479 $63,300 4.7%
180. Florida A&M $20,500 $61,500 200.0%
181. South Dakota $56,609 $58,177 2.8%
182. Nebraska $62,888 $57,992 -7.8%
183. Georgia State $64,384 $56,710 -11.9%
184. Brigham Young $58,133 $53,237 -8.4%
185. Rutgers $56,173 $38,376 -31.7%
186. Whittier $179,056 N/A N/A
187. Charlotte $167,002 N/A N/A
188. Ave Maria $152,476 N/A N/A
189. Barry $151,479 N/A N/A
190. District of Columbia $105,330 N/A N/A
191. Northern Kentucky $74,190 N/A N/A
192. Howard $50,920 N/A N/A
10TH PERCENTILE $66,917 $73,230 -14.5%
25TH PERCENTILE $86,022 $84,764 -8.9%
MEDIAN $106,436 $106,514 -1.6%
75TH PERCENTILE $136,765 $131,200 3.9%
90TH PERCENTILE $153,347 $148,879 11.7%
MEAN $108,957 $108,333 9.1%

(U.S. News’ debt rankings can be found here.)

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. This year, I extend that mercy to Whittier, which in 2017-18 chose to cease accepting law students.

  • Arizona Summit [Phoenix] – $190,842 [2016, median, for-profit]
  • Touro – $154,855 (2013)
  • Ave Maria – $152,476 (2015)
  • Barry – $151,479 (2015)
  • Southwestern – $147,976 (2011)
  • Thomas (FL) – $140,808 (2013)
  • Florida Coastal – $138,204 [2016, median, for-profit]
  • New England – $132,246 (2012)
  • WMU Cooley – $122,395 (2011)
  • Atlanta’s John Marshall – $120,744 [2016, median, for-profit]
  • Appalachian – $114,740 (2011)
  • La Verne – $112,628 (2011)
  • District of Columbia – $105,330 (2015)
  • Texas Southern – $99,992 (2011)
  • Northern Kentucky – $74,190 (2015)
  • Howard – $50,920 (2015)
  • North Texas-Dallas – NEVER

These 16 law schools account for 2,605 graduates out of 34,478, or 8 percent of the total.

Compared to the graduating class from two years earlier, weighted-average private law-school graduate debt fell from $134,186 to $130,536 (-3%). For public law schools, debt fell from $94,602 to $91,218 (-4%). 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. The reason I compare ’17 to ’15 is that last year, U.S. News allowed law schools to report absurdly high percents of graduates with debt.

The unweighted averages, which alas are what’s commonly reported, fell as well over the two-year period. At private law schools, it went down from $128,694 to $123,785 (-4%). That’s $88,051 from $92,144 (-4%) at public law schools. Thus, these declines can be attributed to graduates borrowing less and not the percentages of graduates borrowing at each school. This is good news. However, there might also be an unseen composition effect of fewer people matriculating to high-debt schools. (By unseen, I mean, I’m not going to check.)

So the good news is that the class of ’17 looks more like the classes of ’12 or ’13 than more recent classes. The bad news is just how much law grads’ debt positions deteriorated after the Great Recession.

Finally, the observations:

  • A bunch of law schools bounced back from misreporting their graduate data last year, accounting for some big swings: Faulkner (423.9%), Oregon (355.4%), Capital (232.4%), South Texas-Houston (219.5%), Belmont (210.4%), Loyola (LA) (200.8%), Florida A&M (200.0%), Cleveland State (191.8%), Vermont (163.8%).
  • Other swings: Loyola (IL) (55.0%), Kentucky (40.1%), Fordham (23.9%), Oklahoma City (20.8%).
  • And finally the big raspberries: Baylor (-36.7%), Rutgers (-31.7%), Campbell (-27.1%), Wake Forest (-26.1%), Penn State (Dickinson Law) (-25.6%), Western State (-24.4%), St. Thomas (MN) (-22.7%), and Penn State (Penn State Law) (-20.6%).

Conclusion: It’s discouraging more law schools chose not to report their debt outcomes than before, but at least they didn’t grossly misreport them like last year. And yes, U.S. News should know better than to publish absurd numbers without actually looking at them. Finally, kudos to Concordia for jumping on the wagon with its first year reporting.

Entries on this topic from prior years:

One comment

  1. The Infilaw schools are big offenders! Lots of debt and two schools in the list of shame.

    I am really surprised that US News reports such obviously wrong numbers. I had no idea this was such a problem.

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