Tuition: For the 2010-2011 academic year, an Illinois resident attending this school on a full-time basis will be charged $11,574 in tuition plus $3,172 in fees - for a grand total of $14,746. An out-of-state full-time law student will pay $29,925 in tuition plus $3,172 in fees, meaning that this person will pay $33,097 in total for one year of “legal education.”
Total Cost of Attendance: From this same document, we can see that the school estimates that room & board, books & supplies, and miscellaneous expenses will add another $14,546 to the annual tab. This would bring the total COA for an in-state resident to $29,292; the annual total COA for an out-of-state student will be $47,643.
Also, notice how the school shamelessly mentions the use of Federal Grad PLUS loan to help cover the cost of attendance. When you head over to FAFSA, you can see that these loans come with a fixed 7.9% interest rate. Not exactly the best terms - for loans that originate from the Direct Loan program!
Ranking: For $ome rea$on, the cost of attendance is not very affordable for this public law school. Surely, the school’s reputation will more than make up for this high cost, right?!?! Actually, some publication calling itself US News & World Report purports to show that this school is in the fourth tier cesspool of U.S. law schools.
Career and Employment Prospects: The sewer of law does not furnish job placement and starting salary info for its recent graduates. (I wonder why that would be the case.) Hey, at least the school’s CSO provides this nifty Power Point slide. Frame 10 offers this stellar career advice: STUDY HARD - GET GOOD GRADES.
Thanks for that terrific insight, you jackals. Also, did anyone else notice that this slide appears to have been put together by a 10 year old?
At least, this outside site provides salary and job placement info. This page claims that SIU Sewer of Law Class of 2007 had an employment rate of 88.1 within nine months of graduation. The median private starting salary is listed as $53,750; the figure published for median public sector starting salary was $38,000. Wow! What a great investment, huh?!?!
Average Level of Student Indebtedness: According to USN&WR, the average indebtedness of 2009 SIU Law grads who incurred law school debt was $63,233. Furthermore, this publication shows that 90 percent of this toilet’s 2009 graduating class incurred law school debt.
“A good rule of thumb is that your total education debt should be less than your expected starting salary. If you borrow more than twice your expected starting salary you will find it extremely difficult to repay the debt.” [Emphasis mine]
Look at this sound advice from FinAid and Mark Kantrowitz. This is a free public service. “Law professors” love to joke that lawyers are terrible at math. If this is the case, then permit me to break this down for you. Ninety percent of this law school’s 2009 graduating class took out student loans for law school. Of these students, the average indebtedness was $63,233, which was significantly more than the reported median starting salary for those in private practice, from the JD Class of 2007.
What’s that you say? You can write onto the Journal of Legal Medicine?! Yes, won’t your parents be so proud of you?!?! What employer - or lovely, young woman - wouldn’t be impressed by this sterling credential?! The world can be your oyster. Just attend this august in$TTTTiTTTTuTTTTion of “higher learning,” STUDY HARD and GET GOOD GRADES.
Conclusion: The Southern Illinois University School of Law is a steaming pile of waste. Do you need to take out an additional $60K-$100K in NON-DISCHARGEABLE debt to land a job making $38K? Do you consider that a wise financial decision?
If you are seeking a law degree as a way to earn some respect from colleagues, associates, friends, co-workers or family, then you are asking for trouble. Remember, YOU will be the one who must re-pay these student loans. Plus, is anyone really going to hold you in high regard when you are a 34 year-old starving lawyer living in a third-rate basement apartment ? In the end, it doesn’t matter what others think; it matters that you can pay your bills, put food in the fridge, and support yourself. I’m looking at you, Toni Braxton.