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The Devaluation of the Time-Honored Law Degree

Alexander Ostrovsky

A group of the top law professors in the country called the Coalition of Concerned Colleagues met this past March to discuss and publish their concerns over the alarming devaluation of legal education. As the New York Times noted in a January 30, 2013 article, “Law school applications are headed for a 30-year low, reflecting increased concern over soaring tuition, crushing student debt and diminishing prospects of lucrative employment upon graduation.” Faced with this new reality in the legal field, the coalition met to discuss how the law degree is losing its value. 

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