In early 2014, the ABA’s Task Force on the Future of Legal Education issued a forceful warning: “The current system for financing law school education harms both students and society.”
Law schools, the group explained, use federal student loans from students paying full tuition to wastefully subsidize incoming students with higher LSAT scores and undergraduate grade point averages regardless of their financial need. Concluding that the public’s confidence in the legal education system was in peril, the task force recommended changing that financing system—a project best overseen by a succeeding task force. Thus was born the ABA Task Force on the Financing of Legal Education, which rapidly got to work (to its credit) and issued its own final report and recommendations in June.
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