The Atlantic discusses "The Law School Scam"
The Atlantic wrote an in-depth article focused on what's been called the "law school scam" - schools that admit low scoring students and let them pile up massive debt that isn't justified by their employment prospects.
The article focuses on Florida Coastal and the InfiLaw System, a for-profit group of law schools. As interest in law school declined, these schools have dropped standards for admission to the point where many grads are unlikely to pass the bar exam, much less find a good job.
But, they also point out that many lower tier non-profit law schools don't look all that different. Even without the business motives, cushy deanships and other factors encourage these schools to keep admitting students who will incur unsustainable debt.
Most CC members probably have their sights set on higher-level schools that offer better employment prospects, but this article is worth a read - even better law schools don't place all their grads in desirable jobs in big law firms: http://www.theatlantic.com/features/archive/2014/08/the-law-school-scam/375069/