Law school grad earnings looking good; an admissions director looking not so good

It was a GOOD week for…

Law school graduates, after a report estimated a law degree to be worth roughly $1 million on average over a graduate’s lifetime, despite recent lower returns on investment.  “The Economic Value of a Law Degree” used data from the U.S. Census Bureau’s Survey of Income and Program Participation to measure differences in annual earnings, hourly wages, and work hours between law school graduates and college graduates. With a median increase in lifetime earnings of $610 thousand, the study indicates that the value of a law school degree is still much greater than the expense of attending. Even the lowest 25th percentile makes about $350 thousand more over their lifetimes. 

It was a BAD week for…

A former admissions director, after he was indicted with a charge of unlawfully accessing a university computer at the University of Louisville’s Brandeis School of Law. Brandon Lane Hamilton was responsible for allotting $2.4 million more in scholarships than the school had budgeted for. Hamilton allegedly accessed the school’s computer system and changed the amount of scholarship dollars that incoming students in 2012 were to receive. The University of Louisville said it would honor the scholarships for all three years the students would attend the school because “it is the right thing to do.”