Tax Prof reports:
Nearly 44,000 law students nationwide will graduate next year with an average of about $73,000 in loan debt, according to numbers from the ABA.
and these amazing facts:
The number of legal jobs nationwide is steadily declining, according to employment figures released this month by the U.S. Department of Labor. Jobs in the law sector shrank by 2,000 in September — the fifth consecutive month of losses. The legal work force of 1,165,100 was down by 1.15% from a year ago, when the industry employed 1,178,600 people.
Via
Instapundit.Sounds like law school tuition is too high based on wages and job opportunities.Isn't nice to have the federal government artificially encourage law students to take on debt like this?
