TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Saturday, August 2, 2014

Prospective Law Students Care More About Rankings Than Financial Aid

Kaplan LogoNational Law Journal, Pedigree Still Matters to Prospective Law Students:  "A survey of prelaw students found that nearly 40 percent would choose a top-tier law school at full cost rather than a less prestigious institution offering a scholarship."

Wall Street Journal, Survey: For Many, Law School Rankings Matter More Than Aid:  "Students contemplating a legal career still place a high premium on law school rankings—with some reporting they would rather attend a top school even if they got no financial aid at all."

Kaplan Test Prep Survey, For Pre-Law Students, a Law School’s Ranking May Matter More Than its Financial Aid Package in Choosing Where to Attend:

A new Kaplan survey of over 600 pre-law students finds that a law school’s ranking continues to factor significantly into their decision where to enroll – in many cases, even more than financial aid and ability to pay. When asked which law school admissions scenario they’d prefer to be in, Kaplan found the following:

  • Mid-Tier School, Some Aid:  A plurality (46%) of those surveyed said they’d rather be accepted by a mid-tier law school, where they’d receive a half-scholarship.
  • Top-Tier Law School, Zero Aid:  39% said they’d prefer to be accepted by a top tier law school, where’d they’d receive no financial aid at all.
  • Lower-Tier Law School, Full Aid: Just 16% said they’d prefer to be accepted by a lower ranked law school and receive a full ride scholarship.

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