Are 85 Percent Of Law Schools Really Losing Money
Well, we wouldn’t be surprised. We’ve covered declining applications and demand. We’ve seen that very few schools are actually cutting seats to compensate. (In fact, some have actually added seats.) And we all know how desperate schools are to maintain their rankings. How do you maintain your ranking? Bribery, through scholarships (maintaining high admissions standards is key), and faculty salaries (academic reputation counts too). More scholarships, and more salaries, with less revenue means: red....