Friday, March 2, 2012

Tuition Three Times Faster than Inflation, But Some Schools Buck the Trend

Tuition for private law schools grew from an average of $21,790 in 2000 to $37,702 in 2010, an increase of 73 percent.

Public schools have increased their tuition at a far higher percent — more than 150 percent. Tuition for residents has increased from $7,790 in 2000 to more than $20,000 in 2010.

The statistics are compliments of the National Jurist’s Employer Insider.

Overall, however, only eleven law schools have kept tuition below 60 percent growth over the past ten years. Inflation has grown by 25 percent over the same period.

A higher number of law schools — 36 — have kept tuition increases below $10,000. Most of these are public schools that started with very low tuition.

Still, more schools now plan either no tuition increases or are offering current students flat-rate tuition. Schools planning no increases or very low increases include University of Tulsa School of Law, Michigan State University College of Law, St. Louis University School of Law, South Texas College of Law in Houston.

The article offers more statistics.  I think law school administrators have known that eventually they would hit a ceiling on tuition—that higher tuition would dissuade a significant number of applicants  (and their parents) from the law school track. I suspect that we have reached that ceiling or are rapidly approaching it.

(ljs)

http://lawprofessors.typepad.com/legal_skills/2012/03/tuition-three-times-faster-than-inflation-but-some-schools-buck-the-trend.html

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