Wednesday, November 29, 2017
Following up on Saturday's post, WSJ: The Rise And Fall Of A Law School Empire Fueled By $1 Billion Of Federal Loans: Jax Daily Record, Florida Coastal School of Law: We’re Not For Sale:
Florida Coastal School of Law Dean Scott DeVito on Tuesday described the story published Saturday in the Wall Street Journal stating Florida Coastal could be sold or transition from for-profit to nonprofit status as “old news and reactionary.”
He said the law school is not for sale and there are no plans for it to leave Jacksonville.
In addition, InfiLaw, the holding company set up by Chicago-based Sterling Partners after the private equity firm purchased the school in 2004, began considering “transitioning” the school to nonprofit status through a partnership with another educational institution before DeVito became dean in June 2015, said Florida Coastal President Dennis Stone. ...
“The real story is that we’re admitting a spring class with a 147 LSAT (Law School Admission Test) bottom quartile goal and a 150 median quartile goal,” he said. ... Referring to the spring class goal, based on the most recent survey by U.S. News & World Report, “that puts us at or above 50 other law schools,” DeVito said. “We’re doing the right things to get us where we need to be. We’re moving in the right direction in every possible way,” he added.