Over at Legal Whiteboard, and at SSRN, Jerry Organ is presenting his new data in a package called The Variable Affordability of Law School - How Geography and LSAT Profile Impact Tuition Costs. He shows that students with strong LSAT's have significant opportunities to minimize the cost of law school by trading down to a school ranked lower in US News. The charts are interesting and worth a look.
Is there variability in the value of a law degree by geography, or are they all worth one million dollars?
Posted by: Jojo | January 21, 2015 at 09:09 PM
"He shows that students with strong LSAT's have significant opportunities to minimize the cost of law school by trading down to a school ranked lower in US News"
Stop. The. Presses.
Next thing you are going to tell me that water is wet.
Posted by: terry malloy | January 22, 2015 at 09:03 AM
I found the presentation a little confusing; the analysis presented at the end analyzes affordability of schools by LSAT but beyond a brief description of differences in tuition among different states at the beginning, there is no geographical analysis.
Posted by: twbb | January 22, 2015 at 10:57 AM
Return on investment is what matters. Paying $50k for a useless degree is worse than $150k for a degree that lets you pay down that debt in a timely manner.
Posted by: Nathan A | January 22, 2015 at 02:23 PM