HIGHER EDUCATION BUBBLE UPDATE, LEGAL EDUCATION EDITION: Carnage in 1L Enrollments. The question is, will we see this spread to undergraduate enrollment, too?
I think so.
Meanwhile, I was talking to someone at a small, posh private law school recently who said their entering class turned out to be 30 fewer than expected. That?s probably about a million-dollar budget hit, give or take. And remember that law school budgets are typically 80-90 percent salary, making it hard to cut spending quickly. I expect there?s a lot of that going around.
Source: http://pjmedia.com/instapundit/151244/
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