Since the 1980s, the growth rate for law school tuition has been greater than the growth rate of salaries for graduates immediately out of law school. Thus, law school has become relatively more expensive than it was in the 1980s and 1990s using these two points of comparison. Yet, macro analysis of the cost of law school fails to account for significant differences on a micro level. There are significant geographic differences in the cost of obtaining a legal education. In addition, as a general matter, as a result of a growth in “merit-based” scholarships, and a decrease in “need-based” scholarships, legal education is much more expensive for those with lower LSAT/GPA profiles than for those with higher LSAT/GPA profiles. This presentation will set forth data comparing relative costs for students in different parts of the country and for students with different LSAT/GPA profiles and include a discussion of the consequences and sustainability of this pricing model.
Business meeting at program conclusion.