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WINSTON SALEM VS. WASHINGTON D.C. Melissa Watkins April 20, 2015 CNS 220
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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
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LIVING EXPENSES IN WASHINGTON D.C. -RENT 3 Bedroom Apartment in City Center- $4,125.00 total $1,375.00 Per Person -GROCERIES/FOOD BUDGET- Dining Out- $90.00 per week Groceries- $40.00 per week -TRANSPORTATION Monthly Pass- $230.00 Flights Home for Holidays- $1,600.00 per year -UTILITIES Electricity, Heating, Water, Garbage- $173.25 Internet- $45.25 -HEALTH INSURANCE & RENTER’S INSURANCE- $2,692 -GYM- $69.33 Total Cost Per Month: $2,770.16 Rent- $1,375 Food- $520 Transportation- $363.33 Utilities- $218.50 Health Insurance- $224 Gym- $69.33 Total Cost Per Year: $33,241.92
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LIVING EXPENSES IN WINSTON SALEM -RENT 3 Bedroom Apartment in City Center- $1,100.00 total 367.00 per person -GROCERIES Dining Out- $70.00 per week Groceries- $40.00 per week -TRANSPORTATION Car Payment- $300.00 per month Car Insurance- $100.00 per month Gas- $40.00 per week -UTILITIES Electricity, Heating, Water, Garbage- $135.58 Internet- $29.99 -HEALTH INSURANCE & RENTER’S INSURANCE- $2,692 -GYM- $30.00 Total Cost Per Month: $1,786.57 Rent- $367 Food- $440 Transportation- $560 Utilities- $165.57 Health Insurance- $224 Gym- $30 Total Cost Per Year: $21,438.84
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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 11-15 years of experience earned about $75,000 annually Monthly Budget: Criminal Law- $5,583.33 Human Rights- $3,750.00
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LOANS Total Cost Per Year (School + Living Expenses) American- $46,098 Wake Forest- $68,205.92 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
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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 11-15 years of experience earned about $130,000 annually Monthly Budget: Corporate- $8,916.67 Lobbying- $9,166.67
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OTHER POSITIONS WITH GRADUATE DEGREES -Judge -Law Professor -Legislator -Consultant -JAG Lawyer -High Level DOJ
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