Thursday, April 3, 2014
In the wake of steep enrollment declines, a downgrade of its bonds, and the sale of six of its student dormitories, Brookyln Law School has announced a 15% cut in tuition (from $53,850 to $45,850) beginning in the 2015-16 academic year. From the Wall Street Journal:
[Dean] Allard said applications to Brooklyn Law "have experienced a decline" since before the recession, but he did not cite numbers. He said the tuition cuts were enabled by a number of cost-saving measures, including a 15% cost-cutting goal among senior managers last year and a reduction of some staff salaries. A spokesman for the school also cited donations and sales of real estate as factors.