The Price Tag Of Law School Doesn't Make Any Sense

Demand is down for your product? Just raise the price.

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From 2008 to 2015, what was the percentage increase in tuition at private law schools?

Hint: Despite a sharp decline in demand for law schools (applications went down by almost 50 percent over that period), law schools raised tuition — and lowered admissions standards — to keep the lights on.

See the answer on the next page.

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