Apparently there is nothing like industry-wide doom and gloom to encourage students to apply to law school.
The latest sticker-shock stat: Cornell reports a 52% uptick in its applicant pool this year, to more than 5,000, according to the Cornell Daily Sun. A new record!
Recessions and job loss cause more people to go back to school and hide out from the misery while giving a little extra padding to their qualifications. But law degrees are expensive (total cost for tuition and expenses for a 1L at Cornell: $67,250) and the chances of scoring a biglaw job to pay off all those bills is dwindling. Cornell is of course a great school, and lots of its grads will get big law jobs, should they so desire. But a lot will desire and will leave Ithaca without the guaranteed $160,000. What will be guaranteed is the fact they owe nearly that much.
“It’s an interesting time to apply [to law school] since the legal market has changed…I wonder what will happen to all these people trying to go to law school.”
When the editor-in-chief of the law review is wondering what’s going to happen to you, it means you need to think long and hard about whether law school is for you.
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