As many college graduates struggle to pay back student loans in an era of stagnant wage growth and bleak hiring prospects, a growing number have turned to bankruptcy protection as a last resort.
Law school graduates are no exception. According to a recent study by The American Lawyer, an affiliate of the Connecticut Law Tribune, median law school debt between 2008 and 2012 increased by 54 percent—from $83,000 to $128,000. Enrollment in programs aimed at deferring that debt increased 40 percent over the past year.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]