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May 13, 2016

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BIebs

And welcomed into the job with a NY Times story on the school's declining enrollment and financial problems today.

[M][a][c][K]

The New York Times article told more than a declining enrolment story. What was interesting was the cost in enrolment of trying to maintain admission criteria, and give scale of the subsidy that the school was pulling from its host institution. Of course the University of Minnesota has reasonably substantial resources, but even then cannot be happy that the law school, probably a historical "cash-cow," is now drawing a subsidy.

However, the math is hard to work out, since all we are told is 174 incoming students and $16.1 million in subsidies through 2018 - is that what it's expected to need 2015-18 or 2010-18? How typical is this number? One can see that as a subsidy to a well regarded law school at a state flagship university it is probably feasible, but what about a low ranked law school at a private university - especially a low ranked law school and a much better regarded university? Or a low ranked law school at a state university in a state with multiple law schools? How long can such a host institution be expected to support or tolerate that arrangement?

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