Law Schools Say Tuition Discounts Not Sustainable: Survey
Only slightly less than half of the survey respondents said their tuition discounting practices are sustainable in the long term.
October 26, 2017 at 08:00 AM
2 minute read
Most law schools say their tuition discount practices are not sustainable long term, according to survey results released Thursday from 36 schools.
The results, based on feedback from U.S.-based private nonprofit law schools, show slightly less than half of the survey respondents said their tuition discounting practices are sustainable in the long term.
The surveyed schools also reported that as tuition discounting increased between 2015 and 2016, a slight decline in net tuition revenue followed.
In general, law schools offer tuition discounts as a way to entice strong applicants and to compete for those students.
The study was sponsored by: the National Association of College and University Business Officers (NACUBO), nonprofit professional organization representing chief administrative and financial officers at more than 1,900 colleges and universities across the country; and AccessLex Institute, a nonprofit organization that does business also as AccessGroup. According to its website, Access Group ceased making loans in 2010 due to legislative action that eliminated the federally guaranteed student loan program, but it continues to service the loans it made prior to that change.
With the survey results, the researchers divided participating law schools into two groups: high and low tuition. The tuition discount at high tuition law schools increased from 33 percent from the fall of 2015 to 38 percent in the same time period in 2016. During the same interval, low tuition law schools experienced an increase from 37 percent to 39 percent, according to the report.
In their press release about the study, the two organizations noted its limitations. “Although the sample size of the survey precludes generalization to all private law schools, the data provide a glimpse into legal education discounting practices, and their potential implications for schools and students,” the release said.
.
Ken Redd, the director of research and policy analysis at NABUCO, who worked on the survey report, cast a glass-half-full account of its results. “There is a concern about borrowing and cost. But there are still a good number of law schools that have demonstrated able to attract and retain new students who are able to obtain jobs,” Redd said.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All'What Is Certain Is Uncertainty': Patchwork Title IX Rules Face Expected Changes in Second Trump Administration
5 minute read'No Evidence'?: Big Law Firms Defend Academic Publishers in EDNY Antitrust Case
3 minute readLaw Firms Are Turning to Online Training Platforms as Apprenticeship Model Falters
'Substantive Deficiencies': Judge Grants Big Law Motion Dismissing Ivy League Price-Fixing Claims
3 minute readTrending Stories
- 1The State of Cost Recovery — Post COVID
- 2Why Is It Becoming More Difficult for Businesses to Mandate Arbitration of Employment Disputes?
- 3The Whys and Hows of a Mediator’s Proposal
- 4Litigators of the Week: A Trade Secret Win at the ITC for Viking Over Promising Potential Liver Drug
- 5Litigator of the Week Runners-Up and Shout-Outs
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250