Wednesday, March 22, 2017
"Charlotte School of Law is on its way to becoming a non-profit. It's part of the plan to get the law school's federal loan money re-instated."
"MT: How would this work?
LW: The school's new dean, Scott Broyles, says the plan is to partner with a university in the northeast. InfiLaw, the company who now owns Charlotte School of Law, wouldn't make academic decisions, but, instead, deal with the school's day-to-day operations.
MT: How much of a difference would this change make? Is it a smokescreen?
LW: It's hard to say at this point. It's not clear how that agreement between the non-profit board and InfiLaw would work, nor how much the school would pay InfiLaw. But the plan also calls for faculty to play a bigger role in making academic decisions, starting with admissions standards."
"MT: Is this enough to persuade the Department of Education to begin cutting federal loan checks again to Charlotte School of Law?
LW: That remains to be seen. A letter from the Department of Education in January didn't mention the option of re-instating federal loan money to the school back. It simply noted because the school hadn't agreed to close, students wouldn't have their federal loans forgiven. But Broyles [the new dean] says a few things have changed since then."
"MT: How many students are at the school now?
LW: The school has lost a lot of students over the past few months. Before the ABA placed the school on probation, enrollment was around 750. Now, it's down to 220. So even if the school regains its federal loan money and it gets off probation, it faces significant challenges in enticing students and still being partnered with InfiLaw."