New Hampshire Public Radio, UNH's Law School Faces 'Extreme Situation' When It Comes To Losses:
The University of New Hampshire’s Franklin Pierce School of Law — the state’s only law school — has been losing millions of dollars annually since at least 2014, according to budget reports obtained by NHPR. (See UNH Law School Budget (2014-2019) ...
In the 2018-19 year, the law school’s total operating budget was $5.5 million, but it spent $11.9 million. That’s more than double its operating budget, with a total loss of $6.4 million in that year alone.
The most dramatic year to date was the 2017-18 year, with a total loss of $6.7 million, and an operating margin of negative 130 percent. ...
Enrollment did increase this academic year, up to 145 students in the incoming class. But in 2016, there were only 71 incoming students, according to numbers provided by current UNH Law Dean Megan Carpenter.
In fact, the law school is losing millions of dollars in an era when the state’s university system is receiving some of the lowest state funding in the country. UNH doesn’t see these losses as a barrier, but rather, as an investment.
“It was a very strategic calculation to actually invest in law school to shrink those [debt] numbers, to effectively create the debt...and what happened is that strategy has been successful,” Carpenter said.
Carpenter points to improvements in the school, like higher national rankings and the addition of a new “hybrid” JD program, which includes online and in-person courses. ...
Though UNH Law’s enrollment has gone up recently, the school is still projected to lose another $5.9 million this year. ... According to the budget statements, UNH Law has been discounting its tuition to students by more than 60 percent for the last two year