MTal wrote:Not to be a jerk, but Fordham U is a private university, i.e. it wouldn't exist if it couldn't generate income for itself through tuition etc., unlike public universities which rely heavily on the states for their funding. That's why tuition at public schools is so much cheaper. If Fordham couldn't turn a profit, it wouldn't be able to exist.
Yes, Fordham is a private university, but your terminology is inaccurate. For profit schools do exist, and some of them are even ABA approved (see Florida Coastal, as referenced in this somewhat dated but interesting post: http://money-law.blogspot.com/2006/12/f ... at-it.html
If Fordham could not maintain its endowment, it wouldn't be able to exist, and the same is true of many schools. My school doesn't happen to have very much (I believe Columbia's endowment is thirteen times ours), and is thus very much dependent on tuition dollars to maintain its programs. I am always surprised at what Fordham is able to do, given our school's modest budget. I think of my own life, and how I try to live it up (going out to dinner, to the opera, etc) without spending in excess of my student loans. I mainly do it by living on brown rice and frozen channa masala during the week.
I grant that the existence of a decent public law school in NYC would be of great interest to me, but it wouldn't necessarily be much cheaper (if cheaper at all) than the school I now attend. You are probably familiar with what happened to Hastings, which was, appropriately enough, my second choice. (My parents are CA taxpayers who claimed me as a dependent last year, though I was living and working in NYC, so it's unclear whether I would have had in state status.)
BTW, I am glad you said something about depression. The stigma is very much still there, and I talk about it, though others disagree with my stance, because it's so ubiquitous -- most of my close friends have been through a major depressive episode at least once, and none of them really want to bring it up.