The following is from Assistant Dean for Admissions Shannon Davis' interview with AdmissionsDean.com:
AD: Students are looking more and more into financial aid & scholarships. How has the current economy impacted financial aid at Lewis & Clark?
SD: For starters, federally-subsidized loans were eliminated, so students will have to factor in the interest that will be accruing on their loans throughout law school. This further adds to the burden students will have to carry after graduation.As for scholarships, the economy has limited the growth of our endowment which limits our ability to grant more, and larger, merit-based aid to incoming students.
On the flip side, we have received funding for smaller scholarships from generous donors who are trying to help alleviate the cost of education for some of our students. Those were awards we didn’t have even a couple of years ago.
Certainly the economy has affected people’s decisions on whether to apply to law school, and has influenced to a larger degree where they choose to apply, and where they end up going. I see more people who used to be more concerned about a school’s ranking, and now they seem to be more concerned about the cost.http://www.admissionsdean.com/researchi ... nnon-davis