WINSTON SALEM VS. WASHINGTON D.C. Melissa Watkins April 20, 2015 CNS 220.

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Presentation transcript:

WINSTON SALEM VS. WASHINGTON D.C. Melissa Watkins April 20, 2015 CNS 220

GRADUATE SCHOOL COMPARISON- J.D. PROGRAM -American University Washington College of Law -Tuition- $51,002 per year -Books & Supplies- $1,855 per year -Scholarship- $40,000 per year -Wake Forest University Law School -Tuition- $43,364 per year -Books & Supplies- $1,600 per year -Scholarship- $10,000 per year Total Cost Per Year: American- $12,857 Wake Forest- $34,964

LIVING EXPENSES IN WASHINGTON D.C. -RENT  3 Bedroom Apartment in City Center- $4, total $1, Per Person -GROCERIES/FOOD BUDGET-  Dining Out- $90.00 per week  Groceries- $40.00 per week -TRANSPORTATION  Monthly Pass- $  Flights Home for Holidays- $1, per year -UTILITIES  Electricity, Heating, Water, Garbage- $  Internet- $ HEALTH INSURANCE & RENTER’S INSURANCE- $2,692 -GYM- $69.33 Total Cost Per Month: $2, Rent- $1,375 Food- $520 Transportation- $ Utilities- $ Health Insurance- $224 Gym- $69.33 Total Cost Per Year: $33,241.92

LIVING EXPENSES IN WINSTON SALEM -RENT  3 Bedroom Apartment in City Center- $1, total per person -GROCERIES  Dining Out- $70.00 per week  Groceries- $40.00 per week -TRANSPORTATION  Car Payment- $ per month  Car Insurance- $ per month  Gas- $40.00 per week -UTILITIES  Electricity, Heating, Water, Garbage- $  Internet- $ HEALTH INSURANCE & RENTER’S INSURANCE- $2,692 -GYM- $30.00 Total Cost Per Month: $1, Rent- $367 Food- $440 Transportation- $560 Utilities- $ Health Insurance- $224 Gym- $30 Total Cost Per Year: $21,438.84

LIKELY POSITIONS AFTER J.D. DEGREE Wake Forest University  Criminal Law Focus  Likely first position would be at District Attorneys Office  Average Salary for Assistant District Attorney- $67,000 American University  Human Rights Law Focus  Likely first position would be at a Public Interest Organization  Average salary- $45,000  Those with years of experience earned about $75,000 annually Monthly Budget: Criminal Law- $5, Human Rights- $3,750.00

LOANS Total Cost Per Year (School + Living Expenses)  American- $46,098  Wake Forest- $68, Likely Loan Total  American- $100,000  Wake Forest- $140,000 Loan Monthly Payment  American- $1,150  Wake Forest- $1,611 Salary and Living Costs: Human Rights- -$170 -Salary- $3,750 -Loans- $1,150 -Living Expenses- $2,770 Criminal Law- $2,186 extra -Salary- $5,583 -Loans-$1,611 -Living Expenses- $1,786

LIKELY POSITIONS AFTER ADDITIONAL DEGREE Wake Forest University  JD/MBA---Corporate Law  Average Starting Salary- $107,000  One additional year of school costing $ total including tuition and living expenses American University  JD/MPP in Public Policy  Likely first position would be at a Lobbying Firm  Average salary- $110,00  Those with years of experience earned about $130,000 annually Monthly Budget: Corporate- $8, Lobbying- $9,166.67

OTHER POSITIONS WITH GRADUATE DEGREES -Judge -Law Professor -Legislator -Consultant -JAG Lawyer -High Level DOJ