almostdone13 wrote:first post ever.
bad news on the tuition increase. i heard from 2Ls filling out the financial aid forms that tuition is going to jump to 48,345 next year.
this means the tuition has steadily jumped 2k every year i've been at wustl. questions i have: 1) are profs getting raises this year?; 2) how has the product improved to justify the increase of cost?; and 3) isn't this the school where Tamanaha works?! did they not read "Failing Law Schools"???
Like I mentioned above, the problem this year (at least in part) has to do with declining applicants. The school needs to spend a lot on scholarships to attract people from the smaller pool of top applicants to maintain our GPA/LSAT scores, and when you've only got 200 incoming students instead of 250-270, you've got less money coming in the door. They're doing some things to cut costs, but that's still a huge blow to the school's revenue stream.
However, the problem stems from the past few decades, when schools (including our own) raised tuition to bloat their administrations, pay profs more and more to do the same (or even less) work, and throw money away on ridiculous side show items. And so now when things get tight, the students get stuck with (yet another) tuition increase.
I do believe the school is doing some
good things to fix the problems and keep costs down, and I think most of our administrators and professors genuinely do care about the students. But it's an almost impossible battle with the entrenchment mentality across the country. Legal education isn't just flawed or mismanaged; it is completely broken. As long as people keep coming and the government guarantees their loans, there isn't much incentive to fix the system.
From an individual perspective though, I guess it's just a few grand, right? I mean, I graduated college with almost no debt, got a big scholarship to WUSTL, and worked my 2L and 3L year to offset the costs, and I'm still looking at ~140k at graduation. An extra $1,500-2,000 is like an extra month of repayment. Still bullshit, and still hard to justify when a third of your students can't get legal employment, but I guess it's just a drop in the bucket at this point.