<p>There is no excuse for the high cost of law school tuition. It isn’t cost driven (the cost of providing a law school education is lower than the cost of providing undergraduate education; no labs, etc.) and the average return on investment doesn’t justify it. I’m not surprised that the bubble is bursting; the problem is that there is and will continue to be a need for lawyers. What we’ll have left is only those who come from wealth (and thus can afford to pay for the education without pain) or those who are willing to work on behalf of wealth, which can afford to pay them. </p>
<p>The middle class, once again, will be left holding the bag.</p>