Law School Is Buyers’ Market, With Top Students in Demand
“It’s insane,” Professor Rodriguez said. “We’re in hand-to-hand combat with other schools.”
In the new topsy-turvy law school world, students are increasingly in control as nearly all of the 204 accredited law schools battle for the students with the best academic credentials. Gone are the days when legal educators bestowed admittance and college graduates gratefully accepted, certain that they were on the path to a highly paid, respectable career.
Now, financially wobbly law schools face plunging enrollment, strenuous resistance to five-figure student debt and the lack of job guarantees — in addition to the need to balance their battered budgets.
To entice new students, some middle-tier schools have reduced tuition, including the law schools at the University of Arizona, University of Iowa and Pennsylvania State University