Law school debt crisis

November 10, 2015

Screen Shot 2015-11-10 at 4.59.09 PMThis is pretty outrageous stuff.

The average debt for a law student graduation from Florida Coastal Law School exceeds $190,000. That’s probably greater than the average mortgage loan in Florida.

Too many lawyers, not enough jobs, expensive tuition, fewer applicants, lower bar passage rates, higher loan default rates. That’s pretty much the story.

This article in the NYT provides Crushing law school debt.

When I attended the University of Washington School of Law in the late 1980s, in-state tuition was approximately $700 dollars a quarter. That’s a crazy good deal. Although my Mac 512K computer with no hard drive cost about $5,000…

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