By Frank J. Macchiarola and Michael C. Macchiarola As law schools have come under fire on many fronts, the growing cost of tuition has drawn the most attention. This is not surprising, given the shrinking job market for lawyers and tuition increases that have far outpaced the general cost of living for more than two […]
Read MoreFederal subsidies long ago achieved the goal of making higher education more attainable for students from middle- and lower-income families. Yet such programs cloud the fact that good politics often tend to represent bad economics. In this case, government efforts have reflexively ushered a generation of students down a one-size-fits-all conveyor belt that has too […]
Read MoreBy Frank J. Macchiarola and Michael C. Macchiarola Why do law schools charge higher and higher tuitions that keep outrunning the cost of living? In the two decades ending in 2007, according to the American Bar Association, the cost of attending the average private law school (including tuition and fees) more than tripled–increasing from $8,911 […]
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