Law Prof: Pyramid Collapse for Law Schools

A majority of law school are losing money and operating at a deficit as they grapple with lower enrollment, Colorado law professor Paul Campos says. After studying the budgets of 31 ABA-approved law schools, 23 of them private and eight of them public, Campos writes in his  Lawyers, Guns & Money blog that the law-school tuition-pricing system “invariably contains the seeds of its own destruction.” Law schools raise tuition each year, he says, so they can spend more money to raise or maintain their place in law-school rankings. The ABA Journal has more.