January 23, 2014

HIGHER EDUCATION BUBBLE UPDATE, LEGAL EDUCATION EDITION: Law School Price War in Philadelphia. “A month or two ago, Penn State announced that it would offer Pennsylvania residents a $20,000 annual tuition discount irrespective of credentials. And now, Villanova has levied a massive volley at all market competitors, offering three years of free tuition for applicants with a 157/3.6 GPA. … The price of law school in Philly is dropping fast. A month ago I said that a person with a 161 could attend a very good law school for free in Philly. Now I’d have to make that a 157, with significant discounts available to folks with a 154 or 155.”