It looks like the average indebted law student has about $100,000 in debt these days. And about 85% of students have debt.
This is average, of course. Back in 2000, my roomate ended up with $185,000 or so with all of his loans.
This actually wasn’t that much of a problem when the economy was going gangbusters back in the late 1990s and mid 2000s.
It’s a bit of a problem.
I don’t think you can refiance to below 6% in interest these days.