Perspective
May 21, 2013
The broken economics of legal education
California law graduates carry especially high levels of debt: The state hosts one-third of the 24 law schools with the highest average graduate debt. By Brian Z. Tamanaha
Annual tuition at over a dozen law schools now exceeds $50,000 (Columbia topping the list at $55,000), with many other law schools poised to follow. Adding another $15,000 to $20,000 in annual living expenses, the three year out-of-pocket cost of obtaining a law degree for students without substantial scholarships is around or above $200,000 at dozens of law schools today.*
Tuition has risen to these astronomical heights in a relati...
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