The atmosphere in law school admissions offices these days is downright dreadful. Applications to law school are down 15 percent from this time last year, according to the Law School Admission Council, and down by a third from eight years ago. The projected number of law school applicants for fall of 2012 would be the lowest since 1996, when there were 21 fewer law schools nationally and 16 percent fewer seats to fill.
If applications remain depressed nationally, it will raise acceptance rates or reduce the total number of seats at law schools—and maybe both. But experts say two factors are mitigating what would otherwise by an even steeper drop: federal student loan money, and students’ unerring faith in their own ability to beat the odds.
Tagged with: law school student loans
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