The College of Law has launched a two-year law degree. A number of journalists and bloggers have tackled the subject (Alex Aldridge, Charon QC and Neil Rose). It seems worth, however, adding my two pennies worth.

Whether a two-year course at about £18k is perceived to provide better value than a three-year course at (up to) £27k depends significantly on who is paying the £18k, when and with what rate of interest. In public universities fees will be deferred and underwritten by the state. In private insitutions £18k will have to be found pretty quickly and paid for at commercial rates of interest. There will be little or no time to work during holidays or in term time to pay of accumulating living expenses. Employability of these students will be key (to which I return).