February 8, 2017

HIGHER EDUCATION BUBBLE UPDATE, LEGAL EDUCATION EDITION: The Crisis At Charlotte Law School. Takeaway quote: “It would require an income of over $122,000 to be able to afford just the interest on a student loan of that size. Most North Carolina lawyers don’t earn that much.”

Plus: “A recent review of the 205 accredited law schools, by the nonprofit Law School Transparency, found that 51, including Charlotte Law, were in the ‘extreme risk’ or ‘very high risk’ category for graduate success. Still, the A.B.A. has been reluctant to clamp down on schools. On Monday, its delegates defeated a measure that would have required law schools to shorten the period that graduates have to pass the bar.”

If only someone had issued a warning, years ago.

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