Law Schools’ Applications Fall as Costs Rise and Jobs Are Cut – NYTimes.com

The New York Times has a story on declining law school enrollment – http://www.nytimes.com/2013/01/31/education/law-schools-applications-fall-as-costs-rise-and-jobs-are-cut.html?hp&_r=0 . This will come as no surprise to those of us in the profession who recognize that there is a shortage of jobs, not lawyers. But as noted in the article, law school tuitions have skyrocketed, even since I graduated in 2006 from Columbia. Based on information on Columbia’s website, http://web.law.columbia.edu/financial-aid/costs-and-billing/costs-budgeting, the total cost for tuition and mandatory fees is $57,000 per year. When I left Columbia that cost was approximately $40,000.00. Both numbers are outrageous, but the price cannot continue to rise at that pace. Thankfully, there is now some recognition that the costs cannot continue to rise totally beyond any relationship to the rate of inflation, the available job opportunities or the fact that lawyer salaries have been declining.

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