[reader5000]

Not only do law schools more or less lie about employment stats, the Fed subsidizes the loans so there is no signal to the consumer in the form of borrowing rate as to how risky the undertaking is. Also there is a disconnect between the cultural cachet of law as a profession and the modern reality, and tuition rates have absolutely exploded as a result of schools milking the government teet, all at the detriment of the students. Law is really winner take all. The winners get $160k/yr starting and 60-70 hour workweeks and will pay off their loans in roughly 10 years at ~$1500-$2000 a month. The "losers" will, after 9 months of searching, start at $30k (not necessarily in law) and will die in debt. It's really not as simple as risk/reward, as most things in life are not.