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2023 Best Value Law Schools For Those Making $48-$75k

145 Ranked Colleges
36,216 Degrees Awarded
Best Value Law Schools For Those Making $48-$75k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Law Schools For Those Making $48-$75k” ranking as one item you can use to help make this decision.

In 2020-2021, 36,216 people earned their degree in law, making the major the 28th most popular in the United States. In 2019-2020, law graduates who were awarded their degree in 2017-2019, earned an average of $64,466 and had an average of $19,500 in loans still to pay off.

This year’s “Best Value Law Schools For Those Making $48-$75k” ranking looked at 145 colleges that offer degrees in a bachelor’s in law. The schools that top this list are recognized because they have great law programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the law program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Law Schools For Those Making $48-$75k” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Law Schools For Those Making $48-$75k

The following schools top our list of the Best Best Value Law Schools For Those Making $48-$75k.

Top 25 Best Value Colleges for Law (Income $48-$75k)

1
Harvard crest
Harvard University
Cambridge, Massachusetts

You’ll join some of the best and brightest minds around if you attend Harvard University. The school came in at #1 for the Best Value Law Schools For Those Making $48-$75k. Cambridge, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s law degrees to 594 students in 2020-2021.

Harvard did well in our major quality rankings, too. It placed #5 on our “Best Law Schools” list. It costs about $2,669 for law students whose families make $48-$75k per year to attend Harvard.

The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. Since the school has a undergrad student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read more about Law at Harvard

2
Stanford crest
Stanford University
Stanford, California

You’ll be in good company if you decide to attend Stanford University. It ranked #2 on our 2023 Best Value Law Schools For Those Making $48-$75k list. Stanford is located in Stanford, California and, has a fairly large student population. In 2020-2021, this school awarded 184 ’s law degrees to qualified students.

Stanford also took the #9 spot in our “Best Law Schools” ranking. The estimated yearly cost for Stanford University is $7,081 for Law students whose families make $48-$75k.

The impressive undergraduate student-to-faculty ratio of 4 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The undergrad student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.

Read more about Law at Stanford

3
Northwestern crest
Northwestern University
Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #3 on our 2023 Best Value Law Schools For Those Making $48-$75k list. Northwestern is a large school located in Evanston, Illinois that handed out 296 ’s law degrees in 2020-2021.

As a testament to the quality of education offered at Northwestern, the school also landed the #4 spot in our “Best Law Schools” ranking. The estimated yearly cost for Northwestern is $5,849 for Law students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 97%. With a undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low undergrad student loan default rate of 0.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Law at Northwestern University

4

You’ll join some of the best and brightest minds around if you attend Columbia University in the City of New York. The school came in at #4 for the Best Value Law Schools For Those Making $48-$75k. This large school is located in New York, New York, and it awarded 460 ’s law degrees in 2020-2021.

Columbia not only placed well in this ranking. It is also #6 on our “Best Law Schools” list. It costs about $8,106 for law students whose families make $48-$75k per year to attend Columbia University in the City of New York.

The low undergrad student loan default rate of 1.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The impressive undergraduate student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.

Read more about Law at Columbia

5
UChicago crest
University of Chicago
Chicago, Illinois

You’ll be in good company if you decide to attend University of Chicago. It ranked #5 on our 2023 Best Value Law Schools For Those Making $48-$75k list. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s law degrees to 212 students in 2020-2021.

UChicago also took the #7 spot in our “Best Law Schools” ranking. The estimated yearly cost for UChicago is $8,375 for law students whose families make $48-$75k.

The low undergrad student loan default rate of 1.0% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The undergraduate student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 100%, the school does an excellent job of retaining its undergraduate students.

Full UChicago Law Report

6
UPenn crest
University of Pennsylvania
Philadelphia, Pennsylvania

University of Pennsylvania came in at #6 in this year’s edition of the Best Value Law Schools For Those Making $48-$75k ranking. University of Pennsylvania is a private not-for-profit institution located in Philadelphia, Pennsylvania. The school has a large population, and it awarded 258 ’s degrees in 2020-2021.

UPenn also took the #2 spot in our “Best Law Schools” ranking. The yearly cost to attend University of Pennsylvania is $12,020 for law students whose families make $48-$75k.

The low undergrad student loan default rate of 0.9% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The impressive undergraduate student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.

Read more about Law at University of Pennsylvania

7
Georgetown crest
Georgetown University
Washington, District of Columbia

Georgetown University did quite well in the 2023 Best Value Law Schools For Those Making $48-$75k ranking, coming in at #7. Georgetown is a private not-for-profit institution located in Washington, District of Columbia. The school has a large population, and it awarded 672 ’s degrees in 2020-2021.

Georgetown not only placed well in this ranking. It is also #1 on our “Best Law Schools” list. The yearly cost to attend Georgetown University is $12,505 for law students whose families make $48-$75k.

The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.

Read full report on Law at Georgetown

8
Vanderbilt crest
Vanderbilt University
Nashville, Tennessee

Vanderbilt University ranked #8 on this year’s Best Value Law Schools For Those Making $48-$75k list. Vanderbilt is a fairly large private not-for-profit school situated in Nashville, Tennessee. It awarded 192 ’s law degrees in 2020-2021.

Vanderbilt also took the #12 spot in our “Best Law Schools” ranking. The yearly cost to attend Vanderbilt University is $7,694 for law students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.

Read more about Law at Vanderbilt University

9

University of California - Berkeley landed the #9 spot on the 2023 Best Value Law Schools For Those Making $48-$75k ranking. Located in Berkeley, California, this large public school awarded 327 degrees to qualified ’s law students in 2020-2021.

UC Berkeley also made our “Best Law Schools” list, coming in at #3. The estimated yearly cost for University of California - Berkeley is $13,423 for law students whose families make $48-$75k.

The undergrad student loan default rate at the school is 1.8%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.

Read full report on Law at University of California - Berkeley

10

University of Michigan - Ann Arbor did quite well in the 2023 Best Value Law Schools For Those Making $48-$75k ranking, coming in at #10. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 363 ’s law degrees in 2020-2021.

U-M also made our “Best Law Schools” list, coming in at #11. The estimated yearly cost for U-M is $10,481 for Law students whose families make $48-$75k.

The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 1.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Law at University of Michigan - Ann Arbor

11

University of Washington - Seattle Campus landed the #11 spot on the 2023 Best Value Law Schools For Those Making $48-$75k ranking. UW Seattle is a public institution located in Seattle, Washington. The school has a large population, and it awarded 172 ’s degrees in 2020-2021.

UW Seattle not only placed well in this ranking. It is also #15 on our “Best Law Schools” list. The yearly cost to attend UW Seattle is $8,393 for law students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The undergrad student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%.

Read more about Law at University of Washington - Seattle Campus

12

Washington and Lee University did quite well in the 2023 Best Value Law Schools For Those Making $48-$75k ranking, coming in at #12. Lexington, Virginia is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s law degrees to 118 students in 2020-2021.

It costs about $6,505 for law students whose families make $48-$75k per year to attend Washington and Lee.

The undergraduate student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 0.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Law at Washington and Lee University

13

Washington University in St Louis ranked #13 on this year’s Best Value Law Schools For Those Making $48-$75k list. Washington University in St Louis is a private not-for-profit institution located in Saint Louis, Missouri. The school has a fairly large population, and it awarded 243 ’s degrees in 2020-2021.

WUSTL not only placed well in this ranking. It is also #13 on our “Best Law Schools” list. The yearly cost to attend Washington University in St Louis is $8,149 for law students whose families make $48-$75k.

The impressive undergraduate student-to-faculty ratio of 7 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The undergrad student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%.

Full Washington University in St Louis Law Report

14
University of Virginia crest
University of Virginia - Main Campus
Charlottesville, Virginia

University of Virginia - Main Campus came in at #14 in this year’s edition of the Best Value Law Schools For Those Making $48-$75k ranking. This large school is located in Charlottesville, Virginia, and it awarded 318 ’s law degrees in 2020-2021.

University of Virginia did well in our major quality rankings, too. It placed #10 on our “Best Law Schools” list. The estimated yearly cost for University of Virginia - Main Campus is $16,019 for law students whose families make $48-$75k.

The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students.

Read full report on Law at University of Virginia

15
UF crest
University of Florida
Gainesville, Florida

University of Florida ranked #15 on this year’s Best Value Law Schools For Those Making $48-$75k list. UF is located in Gainesville, Florida and, has a large student population. In 2020-2021, this school awarded 266 ’s law degrees to qualified students.

The estimated yearly cost for UF is $8,394 for law students whose families make $48-$75k.

The low undergrad student loan default rate of 1.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Full UF Law Report

16

University of California - Los Angeles ranked #16 on this year’s Best Value Law Schools For Those Making $48-$75k list. University of California - Los Angeles is located in Los Angeles, California and, has a large student population. In 2020-2021, this school awarded 342 ’s law degrees to qualified students.

In addition to being on our law students whose families make $48-$75k list, UCLA has also earned the #19 rank in our “Best Law Schools” ranking. It costs about $12,644 for law students whose families make $48-$75k per year to attend UCLA.

The low undergrad student loan default rate of 1.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.

Read full report on Law at UCLA

17
Wake Forest University crest
Wake Forest University
Winston-Salem, North Carolina

Wake Forest University did quite well in the 2023 Best Value Law Schools For Those Making $48-$75k ranking, coming in at #17. Winston-Salem, North Carolina is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s law degrees to 173 students in 2020-2021.

On top of its placing in this ranking, Wake Forest University also did well on our “Best Law Schools” list. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. It costs about $10,228 for law students whose families make $48-$75k per year to attend Wake Forest University.

With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 0.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full Wake Forest University Law Report

18

University of North Carolina at Chapel Hill did quite well in the 2023 Best Value Law Schools For Those Making $48-$75k ranking, coming in at #18. Located in Chapel Hill, North Carolina, this large public school handed out 207 diplomas to qualified ’s law students in 2020-2021.

It costs about $11,619 for law students whose families make $48-$75k per year to attend University of North Carolina at Chapel Hill.

The school has an impressive undergrad student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students.

Full UNC Chapel Hill Law Report

19

University of Wisconsin - Madison came in at #19 in this year’s edition of the Best Value Law Schools For Those Making $48-$75k ranking. University of Wisconsin - Madison is a large school located in Madison, Wisconsin that handed out 268 ’s law degrees in 2020-2021.

UW - Madison excels when it comes to law quality. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. The yearly cost to attend University of Wisconsin - Madison is $10,364 for Law students whose families make $48-$75k.

The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.

Read full report on Law at UW - Madison

20
William & Mary crest
William & Mary
Williamsburg, Virginia

William & Mary landed the #20 spot on the 2023 Best Value Law Schools For Those Making $48-$75k ranking. William & Mary is a medium-sized school located in Williamsburg, Virginia that handed out 180 ’s law degrees in 2020-2021.

The estimated yearly cost for William & Mary is $10,995 for Law students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Read full report on Law at William & Mary

21
Florida State crest
Florida State University
Tallahassee, Florida

With a ranking of #21, Florida State University did quite well on the 2023 Best Value Law Schools For Those Making $48-$75k list. Florida State University is located in Tallahassee, Florida and, has a large student population. In 2020-2021, this school awarded 218 ’s law degrees to qualified students.

The estimated yearly cost for Florida State is $11,506 for Law students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The low undergrad student loan default rate of 2.8% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full Florida State University Law Report

22
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

University of Notre Dame came in at #22 in this year’s edition of the Best Value Law Schools For Those Making $48-$75k ranking. University of Notre Dame is a private not-for-profit institution located in Notre Dame, Indiana. The school has a fairly large population, and it awarded 183 ’s degrees in 2020-2021.

Notre Dame not only placed well in this ranking. It is also #14 on our “Best Law Schools” list. It costs about $14,020 for Law students whose families make $48-$75k per year to attend Notre Dame.

The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. The undergraduate student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Full University of Notre Dame Law Report

23

Indiana University - Bloomington did quite well in the 2023 Best Value Law Schools For Those Making $48-$75k ranking, coming in at #23. IU Bloomington is a large public school situated in Bloomington, Indiana. It awarded 161 ’s law degrees in 2020-2021.

The estimated yearly cost for IU Bloomington is $12,369 for law students whose families make $48-$75k.

The low undergrad student loan default rate of 3.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.

Full Indiana University - Bloomington Law Report

24

University of Minnesota - Twin Cities came in at #24 in this year’s edition of the Best Value Law Schools For Those Making $48-$75k ranking. This large school is located in Minneapolis, Minnesota, and it awarded 227 ’s law degrees in 2020-2021.

The estimated yearly cost for UMN Twin Cities is $12,911 for law students whose families make $48-$75k.

The low undergrad student loan default rate of 1.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Read more about Law at University of Minnesota - Twin Cities

25
URichmond crest
University of Richmond
University of Richmond, Virginia

University of Richmond came in at #25 in this year’s edition of the Best Value Law Schools For Those Making $48-$75k ranking. University of Richmond, Virginia is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s law degrees to 134 students in 2020-2021.

It costs about $16,063 for Law students whose families make $48-$75k per year to attend University of Richmond.

With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 1.9%, which is much lower than the national rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Full University of Richmond Law Report

Notes and References

References

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