to put it into perspective... since 1990 the cost of law school, in real dollars, has doubled.
I heard that tuition has doubled in the past 10 years and that salaries are almost the same as they were ten years ago. Like I mentioned above, I dont think supply and demand is going to fix this. An average debt of 50k or 100k isnt going to scare most students if they know thats the "average" debt for law students. Its such a large number that it could just as well be 200k. I am exaggerating a little. If I was a prospective student 10 years from now looking at 200k of debt to go to law school, and I knew that 200k was the average, I would assume that this kind of debt must be manageable. If it wasn't, then why are people still going to law school?
One of my paramount concerns in deciding which law school to attend next fall was the cost (I'm sure this is a paramount concern for most prospective students). However, even if I did not receive a scholarship from any school, I would still plan on attending one of them next fall. I don't think my attitude is uncommon, nor will it ever be...
Is there any end in sight for tuition hikes? Can something be done about it?