As Applications Decrease, Law Schools Plan Cutbacks

Law school applications have decreased 20 percent from last year and 38 percent from 2010, due in part to increased concerns over soaring tuition, student loan debt, and diminishing employment prospects upon graduation, the New York Times reports. The number of students matriculating in 2013 is estimated to be about 378,000, the lowest since 1977. Faced with such declining numbers, many law schools are planning cutbacks, staff layoffs and buyouts, and accepting students who before they would not have admitted.