JCougar wrote:And I'm not blaming Biglaw salaries for the crisis. What I am saying is that if entry-level associate salaries went down to rational levels, tuition would have to steeply drop at almost every law school, because no one in their right mind would pay $240K just for school name alone. I realize that you are construing this as me "blaming" Biglaw salaries for the current crisis, but I hope you can see the difference.
There isn't really a difference. You're saying you're not blaming BigLaw salaries while simultaneously claiming they're not "rational" and pegging that as the source of the problem.
Your mistake is chasing a desired effect when you should target the cause. If you gutted attorney salaries across the board, then sure, one effect would be huge drops in law school attendance at current tuition levels. That's not just a ridiculous solution though, it's an unnecessary one. If you push real student loan reform and reduce the amount of money flowing freely into law schools, they'll be forced to cut tuition. Schools charge what people are willing to pay, and if you reduce the amount people can borrow freely, you'll reduce what people are willing to pay. That way you can lower tuition and achieve the desired effect without some bizarre quixotic effort to make an entire industry pay people less.