Before the recession hit, if you were a relatively average student, even at a school "that has a good local rep" you would be very lucky to land a job at a small firm that pays $40K w/benefits.
Most law students don't realize that until sometime during 3L year or after graduation.
honestabe84 wrote: ....when you're only making 35-40k a year, even $500 a month payments are a lot.