January 4, 2011

ABA NOW WARNING STUDENTS NOT TO GO TO LAW SCHOOL, or at least to be careful about debt issues. “The ABA is also warning of endowment losses, declining state support, and difficulties in fundraising that have hit law schools hard. It expects most public schools to raise tuition this year by 10 to 25 percent. Tens of thousands of dollars in debt — and a shiny degree: But, at the end of the day, getting a job in law could be a cold case in 2011.” It’s like there’s some kind of . . . higher education bubble . . . that’s bursting or something.

Related thoughts here.