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The legal profession and academy know the numbers in the enrollment game all too well: down 50 percent in the last few years. The metrics show a number of reasons for the nosedive-lack of jobs after graduation, large student loans, poor morale among students as well as teachers, psychological pressures. But both statistical and empirical observations point to the skyrocketing cost of legal education as the major if not controlling cause. In large urban markets like New York, tuitions have approached or exceeded $50,000 per year, with a monthly cost of living in the $2,000+ range, with the total thus pushing $100,000 annually, $300,000 for a degree and associated requirements (bar exam, job search, clothing, lost income etc.)

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Michael Botein

Michael Botein is a Professor of Law and Director of the Media Center at New York Law School. Academics: Administrative Law, Antitrust, Communications Law, Federal Regulations, Civil Procedure. J.D., Cornell, 1969 Ph.D., Columbia, 1979

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