How high will tuition go?

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bahari2010
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How high will tuition go?

Postby bahari2010 » Sun Jan 01, 2012 2:18 am

Average private law school tuition is close to $39,000 (and in CA at least the public law school's exceed that due to the state budget being balanced on the backs of students.)

How much higher can tuition go without the market imploding (i.e. school's cannot fill their classes due to the cost)?

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Yeshia90
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Re: How high will tuition go?

Postby Yeshia90 » Sun Jan 01, 2012 2:21 am

NYC schools to $190K.

luthersloan
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Re: How high will tuition go?

Postby luthersloan » Sun Jan 01, 2012 2:47 am

As long as the federal government provides loans for the full tuition costs, the sky is the limit. It would only stop when the debt burden is so high as to scare off students, something I am not sure is even possible.

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top30man
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Re: How high will tuition go?

Postby top30man » Sun Jan 01, 2012 3:07 am

Yeshia90 wrote:NYC schools to $190K.

Love the atl reference. "well, it's about time"

flcath
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Re: How high will tuition go?

Postby flcath » Sun Jan 01, 2012 5:02 am

luthersloan wrote:As long as the federal government provides loans for the full tuition costs, the sky is the limit. It would only stop when the debt burden is so high as to scare off students, something I am not sure is even possible.

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FratLaw
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Re: How high will tuition go?

Postby FratLaw » Sun Jan 01, 2012 1:26 pm

luthersloan wrote:As long as the federal government provides loans for the full tuition costs, the sky is the limit. It would only stop when the debt burden is so high as to scare off students, something I am not sure is even possible.

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Shooter
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Re: How high will tuition go?

Postby Shooter » Sun Jan 01, 2012 1:32 pm

luthersloan wrote:As long as the federal government provides loans for the full tuition costs, the sky is the limit. It would only stop when the debt burden is so high as to scare off students, something I am not sure is even possible.

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BiglawOrBust
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Re: How high will tuition go?

Postby BiglawOrBust » Sun Jan 01, 2012 9:01 pm

luthersloan wrote:As long as the federal government provides loans for the full tuition costs, the sky is the limit. It would only stop when the debt burden is so high as to scare off students, something I am not sure is even possible.

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cinephile
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Re: How high will tuition go?

Postby cinephile » Sun Jan 01, 2012 9:21 pm

I predict that schools will top out at 100k a year, probably within the next ten years.

flcath
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Re: How high will tuition go?

Postby flcath » Sun Jan 01, 2012 9:26 pm

cinephile wrote:I predict that schools will top out at 100k a year, probably within the next ten years.

If the federal gov't agrees to cover that then they should be shot.

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cinephile
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Re: How high will tuition go?

Postby cinephile » Sun Jan 01, 2012 9:30 pm

Yeah, hopefully it doesn't happen. But I see my undergrad's already at 50k a year and it seems like tuition goes up 3k every year. Seems like if it continues like this, and you add in COL, it'll be up to 100k before we know it.

SchopenhauerFTW
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Re: How high will tuition go?

Postby SchopenhauerFTW » Tue Jan 03, 2012 7:18 am

Image

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Experimental Section
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Re: How high will tuition go?

Postby Experimental Section » Tue Jan 03, 2012 8:38 am

Wait, wait, wait... Is someone implying that the federal government getting involved in the student loan process is actually increasing tuition and adversely affecting students?? That's crazy talk.

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Blessedassurance
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Re: How high will tuition go?

Postby Blessedassurance » Tue Jan 03, 2012 8:49 am

luthersloan wrote:As long as the federal government provides loans for the full tuition costs, the sky is the limit

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sunynp
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Re: How high will tuition go?

Postby sunynp » Tue Jan 03, 2012 9:56 am

Experimental Section wrote:Wait, wait, wait... Is someone implying that the federal government getting involved in the student loan process is actually increasing tuition and adversely affecting students?? That's crazy talk.

Not sure if serious.

bartleby
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Re: How high will tuition go?

Postby bartleby » Tue Jan 03, 2012 10:03 am

the online sarcasm detector is weak in this one

bahari2010
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Re: How high will tuition go?

Postby bahari2010 » Tue Jan 10, 2012 3:41 pm

If the fed gov. gets out of the loan business as it's currently structured, how should higher ed financing be re-structured?

Law school's won't do it themselves, my law school's tuition has gone up 33% beyond the rate of inflation in the last 10 years, and 55% beyond the rate of inflation in the last 25 years.

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Tom Joad
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Re: How high will tuition go?

Postby Tom Joad » Tue Jan 10, 2012 4:15 pm

Experimental Section wrote:Wait, wait, wait... Is someone implying that the federal government getting involved in the student loan process is actually increasing tuition and adversely affecting students?? That's crazy talk.


Image

joebruin2.0
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Re: How high will tuition go?

Postby joebruin2.0 » Sat Jan 14, 2012 2:32 am

I'd love for the fed government to nix the federal loan/guarantee business. You'd see about 50% of law schools dry up and die (maybe more), and the remaining schools drop tuition because not many people (who want to go to law school) can get 150K credit on their good name.

Burn baby burn :twisted:




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