Law School Demand Down, Price Keeps Going Up

The number of applicants to U.S. law schools declined drastically during the past two years, yet the average tuition this fall will climb by more than double the rate of inflation, the National Law Journal reports. Average tuition and fees at private law schools will increase approximately 4 percent over last year to $40,585, according to an examination of published rates by the publication. That's the first time private-school rates have crossed the $40,000 threshold. In-state resident students at public law schools will see a 6 percent increase on average, to approximately $23,590, the report says. In-state tuition at public law schools will remain lower than at private institutions but on average has been increasing at a faster clip for decades. It grew by 10 percent in both 2009 and 2010 and by another 9 percent last year. This year's increase will be the lowest since 2000.