Law Students

Possible Reforms Threaten Law Schools
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

As the legal industry dips and sways to the tune of the floundering economy, law school as an investment is in question. As the federal government seeks to receive a better return on its loans from students who borrow and go to law schools, it is possible that gainful employment regulations may be enforced and tightened. Unsuspecting students may take out loans and go to c tier law schools and find themselves underemployed. If this happens, it is also possible that some form of loan forgiveness may also take place sometime down the line. When loan forgiveness happens, ultimately the government isn’t receiving its principal back in the full amount, and is forced to write down some of the loan. The student also doesn’t necessarily receive the best return on their investment. To prevent these two situations and a slew of other not so great outcomes from possibly occurring, new regulations may possibly remove eligibility for federal student aid from schools with bad employment outcomes, according to US

The cost of education continues to increase, and borrowers are still struggling to repay their debts. These sustained situations increase the likelihood that the government will create more barriers to loans, as a preemptive way of indicating the high opportunity cost of going to law school. This maneuver can possibly act as a decentivizer, which could change the structure of education and costs for schools and students alike. Of course, law schools don’t want extra scrutiny on employment numbers as this could prevent students from being able to receive and take out loans and attend their classes.



Interesting Legal Sites You May Like




Search Now

Insurance Defense Attorney


Hollywood office of our client seeks insurance defense attorney with 2-4 years of litigation experie...

Apply Now

Senior Family Law Associate Attorney


Irvine office of our client seeks senior family law associate attorney with 10+ years of experience....

Apply Now

Civil Litigation Associate Attorney


Loveland office of our client seeks civil litigation associate attorney with experience. The candida...

Apply Now


Paralegal / Secretary


Part-time Downtown sole practitioner with more than thirty years\' experience seeking a motivated...

Apply now

Litigation Paralegal


Two attorney business litigation firm needs a ¾ to full time litigation paralegal to assist pri...

Apply now

Paralegal III - Labor & Employment


Job Description: Education: High School Diploma or equivalent required Bachelor’s d...

Apply now

Legal Secretary / Paralegal


Why Work Here? “Great benefits” Needed Immediately – Legal Secretary w/Famil...

Apply now


To Top