Yea Paul Campos can comment all he wants, but just to clarify he is not an expert.
Is law school tuition to expensive? I would agree, but Hofstra doesn't charge much more than other schools and it is located in NY, which is one of the most expensive places in the United States so it is not that surprising.
As for $55,000 at graduation that is not uncommon and a newly licensed lawyer truthfully has no idea what they are doing. After a few years of experience the salaries increase significantly, but entry level lawyers do not make much money. Entry level doctors make even less than lawyers and their tuition is more expensive and getting an M.D. takes four years. For example a University of Texas M.D. Resident makes $51,859. http://www.mdanderson.org/education-and-research/education-and-training/schools-and-programs/graduate-medical-education/gme-trainee-resources/compensation.html
The salaries increase in both the Medical and Legal Fields, but the first few years are brutal. You have tremendous responsibility in either position and you barely known anything when you first graduate. I will also say that if your goal is to be "rich" don't go to law school or into medicine. You can make a lot more money in sales, insurance, banking, etc, but the legal and medical professions give you the ability to do things nobody else can and if you really want to be a doctor or lawyer then it can be a rewarding career. If the sole purpose of going to law school is to make money you will be probably be disappointed.
I can tell you I love my job as an attorney and the thrill of being in a trial cannot be matched. I could be making more money doing something else, but I love being a lawyer. If you really want to be a lawyer or doctor then any accredited school can give you the tools to succeed.
If you want to look at numbers and stats etc go for it, but it doesn't mean anything. Additinoally, Paul Campos is a fraud he criticizes professors for not having enough legal experience, but he himself is a professor that has never practiced law.
Paul Campos rips on Hofstra for being to expensive and not placing students. However, he is a law professor at Colorado, which charges $31,000 for residents or 38,000 for non-residents. Since you seem to think Law School Transparency has so much value it should be noted the school paying Paul Campos's salary has the same 51% LST score as Hofstra the school he is criticizing as being out of date.
51.4% employment score http://www.lstscorereports.com/?school=colorado
51.2% employment score http://www.lstscorereports.com/?school=hofstra
Again as I have said throughout this thread Hofstra is not some elite institution and frankly outside of the TOP law schools the rankings, placement numbers, etc are up to the individual student. Plenty of people succeed from Hofstra and plenty do not.
Paul Campos though is the classic example of a guy talking out of his ass and doesn't deserve to be taken seriously. Seriously, if I was his student and my tuition dollars were going to a man writing how bad legal education is I would lose my sh**. If this guy really cared he should not collecting tuition checks, but he doesn't he wants to make money anyway he can and rip on a school across the Country that is performing at the same level as the one he is collecting checks from.