Law School Tuition Will Rise Despite Applicant Nosedive

, The Am Law Daily

   |1 Comments

With fewer than 60,000 people applying to enter law school this fall, one would think tuition prices would drop to reflect the decreased demand. But things work differently than one might expect in the uncompetitive legal education market.

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What's being said

  • JC

    All the charts in the world can't make up for the inherent fallacy in the title, and apparantly the point of this article. When demand goes down, prices go up, because they still want the same profit. Prices go down when demand goes up because suppliers can make more money by virtue of the economics of scale.

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