Is a law degree really worth it?

Simply put yes it is. Even now with the financial crisis in full swing and looking to continue into the near distant future. 

The cost of a degree from 2012 rose from £3000 per year to £9000 per year, making some students think twice about going to law school. This means the total cost of a law degree (if started in 2013) would be 3 times £9000 equating to £27,000. If you receive a government loan, this bring the total to around £39,000 (£4000 per year). If you are then planning to take the LPC course to become a solicitor, which ranges from £7000 to £14,000, this could bring the total to a staggering £53,000.

But would you be better off financially without undertaking a law degree? In the short term, possibly. But while you are earning under £25,000 you don't pay a penny of your loan back. The average starting salary for a trainee solicitor is around £40,000 (even outside of London) and so the earning potential you could now achieve compared to without a law degree is drastically increased. 

Although, don't worry about the financial side of things too much, there are grants and loans available to help support you through your study. If you can obtain a training contract the firm usually will cover the cost of your LPC course fees and provide a grant to live off, combine this with the prospect of a job at that firm after you qualify and it definitely makes sense to work hard and gain a training contract with a firm you like the look of. 

These three years pave the way for your future career, working hard now makes it so much easier to get to where you want to be.