Monday, June 22, 2015

ABA Task Force on Financing Legal Education Final Report

Here.  The two most concrete proposals are to mandate enhanced financial counseling for prospective students, to be sure they understand federal loan programs and their options; and to mandate greater disclosure of law school finances, including tuition discounting.  I was also pleased to see on p. 22 that evidence triumphed over anecdote and ideology when, citing the work of Simkovic and McIntyre, the Report notes that, "Despite the cost, the best available evidence suggests a significant lifetime income premium for those with a law degree compared to those with a bachelor’s degree."

https://leiterlawschool.typepad.com/leiter/2015/06/aba-task-force-on-financing-legal-education-final-report.html

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