When law schools get it wrong, they deserve the scorn that comes with a public spotlight. When they get it right, they should bask in its warm glow. The University of Chicago Law School recently got it right. Really right.
It’s ironic. The home of the Chicago School–where free market self-interest reigns and the economic analysis of the law has been an article of faith for a long time–has adopted a loan repayment program that sends students this powerful message: There’s more to life after law school than pursuing big law’s elusive financial brass rings. If you take the large-firm path, do so because it’s what you want, not because you have no other financial options.
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