Law Schools Boost Enrollment After Price Cuts: Some Institutions Trim Tuition Amid Dearth of New Students

The Wall Street Journal reports:

A strategy rarely employed in legal education—price-cutting—appears to be paying off for a handful of U.S. law schools.

Three institutions that trimmed tuition for some or all students are set to boost their first-year class sizes by 22% to 52% this fall compared with 2013, according to an analysis of preliminary enrollment data by The Wall Street Journal.

At a fourth, a new grant program that effectively cuts the cost of tuition nearly in half for all in-state students has also been followed by a substantial jump in new students.

Lower prices increases demand! What a novel strategy.