Paul L. Caron

Thursday, September 3, 2015

More On Law School Tuition Discounting

Following up on last week's post,  Average Private Law School Tuition Discount Approaches 50%: preLaw, Which Law Schools Discount Tuition the Most?:

What you see is not what you get when it comes to law school tuition. In fact, the average law school discounts its published tuition price by an estimated 25 percent through grants and scholarships, according to a detailed analysis by preLaw magazine.

Law schools are giving away so much money as of late, that scholarships totaled $1.12 billion in 2013-14, which is 36 percent more than in 2010-11. ...

Here are the private law schools with the 20 biggest tuition discounts:

Tuition Discount

preLaw magazine analyzed grant and scholarship data from the ABA, dating from the 2011-12 academic year to 2013-14. The ABA makes available the number of scholarships per school, the percentage of students receiving scholarships and the median scholarship amount. For 2013-14, the data included the scholarship amount at the 25th and 75th percentiles for the first time, which allowed preLaw to estimate an average grant amount. With an average, preLaw then determined the average tuition discount per school.

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This makes me want to go to law school all over again and make the same mistake I did 25 years ago. Just did my taxes. I netted 34k in 2014.

Posted by: Sy Abelman | Sep 3, 2015 6:53:16 PM

This data sounds like it is two years old now, and a combined three years of data, so it reflects tuition discounts combined for the Fall 2011, Fall 2012 and Fall 2013 classes. This is a period in which tuition discounts were rising rapidly. So I expect if you had data for the Fall 2015 class, the numbers would be higher across the board.

Posted by: Kip | Sep 3, 2015 2:48:30 PM