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This Law School Wants To Stop Students From Drowning In Debt

Will more law schools adopt initiatives like this one?

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It’s not enough to give our students a solid legal education — which we do. We must also launch them into their careers, and that includes helping them address their loans and debts once they start working in the profession.

— Michigan State University College of Law Dean Joan W. Howarth, commenting on the school’s financial literacy initiatives to help students better manage their law school loans, such as personal financial counseling, webinars about minimizing debt, and online budgeting worksheets.

MSU Law’s full-time tuition is currently $35,844 per year, and the school has credited these financial literacy programs for reducing its students’ average debt load by approximately $20,000 over the past two years.

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