[T]he story of Whittier is a story of generational wealth shifting that is seen throughout tuition dependent law schools, and indeed throughout our country. The Millennial generation is expected to go deeply into debt to subsidize a population that is already (comparatively) wealthy.
— Professor Robert Anderson of Pepperdine School of Law, arguing that the closing of Whittier Law School (and other troubles in legal academia) could have been avoided if Baby Boomer law professors had retired in larger numbers, allowing law school faculties and budgets to contract to reflect declining enrollment. (Gavel bang: TaxProf Blog.)
Keeping Law School Accessible When Federal Loans Fall Short
As federal borrowing caps tighten financing options for law students, one organization is stepping in to negotiate the terms they can't secure alone.
David Lat is the founder and managing editor of Above the Law and the author of Supreme Ambitions: A Novel. He previously worked as a federal prosecutor in Newark, New Jersey; a litigation associate at Wachtell, Lipton, Rosen & Katz; and a law clerk to Judge Diarmuid F. O’Scannlain of the U.S. Court of Appeals for the Ninth Circuit. You can connect with David on Twitter (@DavidLat), LinkedIn, and Facebook, and you can reach him by email at [email protected].