Monday, February 29, 2016

LSSSE Upcoming Report

Below is a press release from Aaron Taylor, Director of LSSE, regarding the upcoming report release:

On March 7, the Law School Survey of Student Engagement (LSSSE) will release its latest annual results: How a Decade of Debt Changed the Law Student Experience.  The report analyzes law student debt trends during the 10-year period, 2006 to 2015.  The report also explores the nature and sources of law student stress. An advanced copy of the report is attached to this email.  [Editor's Note: Not included here in the Blog posting because incompatible with Typepad. Check your inbox to see if you got a press release email with a copy.]
According to Aaron N. Taylor, director of LSSSE and assistant professor of law at Saint Louis University School of Law:
“While we are all well aware that law student debt has increased significantly over the past decade, this year’s LSSSE annual results provide a nuanced view of these trends.  Both the extent of the increases and the uneven manner in which they have been distributed among students are concerning.  The data strongly suggest that while law school is more expensive across-the-board, the bulk of the increased costs is being born by students in the least favorable positions to incur them.”  
Noteworthy findings from the report include:
Overall Debt Trends:
Over the 10-year timeframe, increasing proportions of LSSSE respondents reported expecting high law school debt.  In 2006, 32% of respondents expected to incur more than $100,000 in debt during their law school matriculation.  In 2015, that proportion was 44%.  (Page 10)
Debt and Institutional Sector:
In 2006, only 11% of LSSSE respondents attending public law schools expected debt of more than $100,000; by 2015, this proportion had almost tripled to 31%.  Among private school respondents, the proportion increased from 38% in 2006 to 50% in 2015. (Page 11)
Debt and Race:
In 2006, there were only marginal racial and ethnic differences in expectations of more than $100,000 in debt.  By 2015, 61% of black respondents and 56% of Latino respondents expected debt at this level, compared to about 40% of white and Asian respondents.  (Page 12)
Debt and LSAT score:
In 2006, 16% of respondents with the LSAT scores of 155 or below expected to owe more than $120,000—the same proportion as those with higher LSAT scores.  By 2015, however, the proportion for the 155-or-below group was 37%, almost double the 20% proportion of the higher-LSAT group.  (Page 13)
Debt and Satisfaction:
In each survey year, respondents who expected to owe more than $120,000 were noticeably less likely to respond favorably to LSSSE satisfaction questions.  In 2015, 79% of these respondents had favorable views of their law school experiences, compared to 88% of those expecting no debt. 
In 2015, 74% of respondents who expected to owe more than $120,000 stated they would attend the same law school again, compared to 87% of those expecting no debt.  This 13-percentage point difference was the largest among the survey years. (Page 15)
Law Student Stress:
About three-quarters of respondents reported that concerns about academic performance and academic workload were sources of high stress and anxiety.  More than half of respondents indicated that concerns about job prospects and finances (including student debt) were sources of high stress and anxiety.  (Page 17)
Higher expected debt was associated with higher stress and anxiety.  More than half of respondents who expected to owe more than $80,000 reported experiencing high levels of stress or anxiety during the school year, compared to 41% of those who expected no debt.  (Page 19)
In 2015, 70% of respondents who expected to owe more than $120,000 reported high levels of stress relating to finances and student loans, compared to only 9% of respondents expecting no debt.  (Page 19)
How a Decade of Debt Changed the Law Student Experience will be available for download on March 7 at http://lssse.indiana.edu/.  Questions and media requests should be forwarded to Aaron N. Taylor at ataylo65@slu.edu.
 
 
Aaron N. Taylor 
Assistant Professor of Law
Saint Louis University School of Law
Director, Law School Survey of Student Engagement (LSSSE)
Indiana University Center for Postsecondary Research

100 N. Tucker | Suite 950 | Saint Louis, MO 63101 

https://lawprofessors.typepad.com/academic_support/2016/02/lssse-upcoming-report-.html

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