May 10, 2011
Debt Slows Some Law School Growth
Law school debt isn't merely a law student problem. Law schools themselves, or more specifically, planned law programs are getting cut back or delayed. The Philadelphia Inquirer is reporting that Drexel University is delaying plans to build a new law school building, and that the University of Delaware is either delaying or cancelling it's planned law school, depending on the source. The National Law Journal says it's delayed, in contrast to the Inquirer report that says cancelled. UDelaware's own report indicated the law school would run a deficit of $160 million a year for the better part of 10 years. The NLJ also reports that an authorized law school at the University of North Texas will also be delayed because of budgets.
The problem is probably less the number of students a new school would attract than the investments in the physical plant, including establishing a law library. Law school applications are down nationally, but not enough that established law schools are in danger of folding. At least not yet. That trend is not affecting other new law schools from opening, including one in Tennessee and another in Louisiana, and the planning for another one in New York State. Students can dream of beating the odds to finding a good job in spite of the current job market. I suppose law school administrators can do the same. [MG]
My law school dean said he was deeply concerned about the rising cost of law school tuition. They generously increased tuition year-over-year at the smallest percentage rate in twenty years, THANK YOU SO MUCH!!! I will nominate you for the Mother Tereasa Award. Law schools are a scam. Law professors teach maybe 6 hours a week; besides that they are allowed to do whatever the hell they want. They do research and write articles that almost no one cares about, and it is highly questionable how much value is added by these outside activities. Maybe if they did a 40 hour work week dedicated to their students, legal education would be better. Law schools pack students to the rafters, teach little practical law and charge outrageous amounts for a defective product called a JD.
Posted by: Joey | May 15, 2011 12:39:21 PM