Tuesday, April 27, 2010

Law school tuition hikes prompt talk of bubble - chicagotribune.com

 

The rising cost of law school is becoming a sore subject as the number of high-paying jobs shrink…With three-year programs at top schools costing nearly $150,000, not including room, board or even books

with law firms cutting salaries and hiring fewer graduates last year because of the economy, Northwestern sent just 55.9 percent of its 2009 graduates to the largest firms, according to the National Law Journal. Yet the school still was No. 1 in the publication's annual ranking of graduates who found jobs at big firms.

One of the biggest changes in law-school pricing in the last two decades has been the shrinking differential between public and private schools

"It's not only the financially disadvantaged that cannot afford law school," said Heather Jarvis at Equal Justice Works, an association that promotes public-interest law. "The middle class may also be shut out."

 

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