The issue with law schools is the ratio of debt to value they offer, how much they cost compared to how much you will get out of them – likelihood to pass the bar, get a job, and pay off the debt. Regarding this issue, The National Jurist has continued their practice of ranking schools according to which have “The Best Value,” determining their values as schools based on tuition, debt, and cost of living, compared to percentage hired and bar pass percentage. Now they have made a separate list for private schools. Crunching the numbers, they determined that the top five schools include Brigham Young University as number one, followed by Baylor University School of Law, Notre Dame Law School, Duquesne university, and Hamline University, as the top five.
The top five schools all had tuition debts of less then $105,000.On their overall list, most universities were under $100,000. As Editor in Chief Jack Crittenden said, and as the National Jurist reported, “With rising tuition, it has become increasingly difficult for private law schools to make the Best Value list. But some schools have made great strides to keep debt low through scholarships, even if tuition is high. We felt it was important to recognize the schools that deliver excellent results and have a lower debt load than most private law schools.”
Added to their overall list this year were the University of Cincinnati, University of Connecticut, University of Minnesota, University of South Dakota, University of Washington, and William and Mary Law School. The list saw drastic changes this last year.
The remainder of the top ten list for private schools includes the following:
Boston College Law School
Boston University School of Law
Chicago-Kent College of Law
Drake University
Emory University
As for the situation, it seems 2013 will be among the worst years for school indebtedness, with many universities swelling their scholarship offerings in subsequent years.