law school

Inside Higher Ed  today carries a brief report that faculty from many law schools (including some from UCs and Hastings) have signed a letter saying the current tuition, debt, and job market for law students are incompatible.  Excerpt from the letter:  …Over the last three decades, the price of a legal education has increased approximately three times faster than the average household income. With the help of the federal student loan fund, some ninety percent of law students borrow to finance their legal education and the average law school debt now exceeds $100,000. Overall, law students in 2011-2012 borrowed more…