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Thursday, November 24, 2011
Law schools pressed to tell the truth on job placement, debt
As higher education costs continue to increase, there has been a growing debate over the value of college. This debate is particularly heated when discussing law school, which can cost up to $150,000 for three years. As the number of law students grows and the number of law schools increases, there is growing concern that the investment in law school no longer provides the return it once did. This article from USA Today describes how Congress is pressuring the American Bar Association and law schools to provide accurate information on job placement and debt of their graduates. Revealing such information will help consumers of a law school education make a more informed decision on whether the benefit of going to law school exceeds the cost. On the flip side, though, law schools may be wary of the public being aware of such data, as unfavorable data may lead to fewer applicants and a decline in revenue.
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