The Problems of Law School

WITH apologies to show business, there’s no business like the business of law school.

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Peter and Maria Hoey

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Law School Tuition Soars

The basic rules of a market economy — even golden oldies, like a link between supply and demand — just don’t apply.

Legal diplomas have such allure that law schools have been able to jack up tuition four times faster than the soaring cost of college. And many law schools have added students to their incoming classes — a step that, for them, means almost pure profits — even during the worst recession in the legal profession’s history.

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