Wednesday, July 10, 2013
Following up on my prior posts (links below): Deborah Jones Merritt (Ohio State), More on the ABA Questionnaire:
I called Scott Norberg, Deputy Consultant to the ABA’s Section of Legal Education and Admissions to the Bar, to find out more about the change. ... Although the annual questionnaire will no longer ask explicitly about
expenditures, it does request information about a law school’s reserve funds and debt
(p. 7). These questions will allow the ABA to identify schools that may
be in financial trouble, without needing more detailed expenditure data
That’s a relief from a consumer protection perspective. But do we have to worry now that US News will incorporate financial reserves or debt level into its ranking scheme? I’m not sure I even want to think about that one.
Prior TaxProf Blog Posts: