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Oct25
College Board
The buzz topic for October 25, 2007 was the College Board releasing its 2007 trend report discussing rising tuition costs and student aid trends.

 

 

Do increases in education costs translate into higher salaries for law school graduates?  It seems that law school graduates are making $160,000 at big law firms these days.  Is it the rising cost of tuition that makes these law school graduates command such high salaries? 

Some businesses pay to send their employees to higher education. Will these increases affect their ability to do that?  However, it seems that the tuition for the student who goes to school at night is more than that of the student who goes full time.  For instance, the UC Berkeley MBA program (for the attorney who wants a business degree as well) costs more for the night student.  In the end, the reimbursements by companies may not do much good for students since most companies who do reimbursements pay up to a certain limit no matter how much the education costs.

 

For attorneys who have already gone to school for many years, should they continue to pursue higher education despite rising costs?  Marty Nemko, a well known career advisor, seems to say that too much education is overrated.  This is played out in Silicon Valley, where some people reach the VP level with just a bachelor’s degree. 

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