Law students are borrowing more and feeling more stress about that borrowing, according to the latest edition of the Law School Survey of Student Engagement, released today. Among the key findings:
- The study found that 44 percent of law students expect to incur more than $100,000 in debt while they are in law school, up from 32 percent in 2006.
- High debt levels are associated with the race of students, which did not used to be the case. In 2015, 61 percent of black respondents and 56 percent of Latino respondents expected $100,000 in law school debt, compared to about 40 percent of white and Asian respondents.
- More than half of law students in the survey indicated that concerns about job prospects and finances were sources of high stress and anxiety.