BY DEBRA CASSENS WEISS–ABA JOURNAL
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Young lawyers are so impacted by student debt that they are making life-changing decisions, such as delaying children and, in some cases, choosing a job because of its higher pay, according to a survey posted online Monday.
More than 75% of those surveyed had at least $100,000 in student loans at graduation, according to the March survey of more than 1,000 newer lawyers and recent law grads. Over half had more than $150,000 in student loans, and one in four had $200,000 or more in student loans.
The average in total loans at law school graduation was about $165,000. More than 95% of the respondents took out loans to attend law school.
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