Thursday, July 24, 2008
Here. The best line comes at the end, from Geoffrey Stone (Chicago): "Northwestern gets more tuition with less teaching."
UPDATE: Larry Ribstein (Illinois), true believer in markets, speaks up for the Northwestern plan: "This may or may not be something the market wants, and it’s almost certainly not something everybody wants. I think you get a higher-quality education by spreading it out over three years, other things equal. Here other things are not necessarily equal, since Northwestern is arguably beefing up its program while shortening it." This may well be right, though, as we noted previously, the "beefing up" at issue makes the law school more like a business school, which will not, as Professor Ribstein suggests, appeal to everyone.