- In 1985, the average law school tuition, per year, was $7,526. Adjusting for inflation, that would be about $16,294 today. Instead, the cost of tuition on average is $41,985 per year. That means the average lawyer graduates with $125,955 lighter pockets, not including books (another $4,000) or cost of living. (see lawschooltransparency.com)
- While tuition has gone up, chances of landing a full-time job with a decent salary out of law school have gone down. At BYU Law, for example, less than 50 percent of students can expect a job offer right out of law school. Nationally, job offers average about $49,000 per year in the public sector and $84,000 per year in the private sector (according to the US News & World Report).
Friday, March 27, 2015
Idea switch? A Tuition Rate Change
After some soul-searching, fasting, praying, etc., I've decided to switch my topic, if I may. I've been thinking lately about rising costs of tuition for grad schools, especially law school. Here's some statistics:
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You might want to look at some connections to ideas that we've discussed in class. Also this seems like a policy change rather than a changing frame of reference. But it sounds like a solid idea can develop from what you're proposing.
ReplyDeleteThe first thought I had was, if it is so expensive, and people are not getting jobs from it, then why are they doing it?
ReplyDeleteOther thoughts i had-
Like we talked about in class, stalin was trying to get rid of the intellectuals. We want intellectuals, so why not subsidize it more?