Summary: New York Law School has created an accelerated program for law students so they can earn a degree in two years.
New York Law School has launched an honors program that allows students the chance to receive a degree in two years, according to Crain’s New York Business.
Students will also pay two-thirds of the $147,720 they would usually pay to earn a degree in three years.
Just because schools across the country are starting to offer students two-year programs, it does not mean that they will spend less. Schools usually charge their students by the number of credits taken and not by the time spent in school. This is why even a two-year degree might not be cheaper than one earned over the span of three years.
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The first class at New York Law School’s honors program will pay less than a three-year degree. This is happening due to a $50,000 scholarship and other financial aid that can be applied to their $98,480 two-year bill, according to law dean Anthony Crowell.
“About 166 students applied, and only 23 were admitted,” said Crowell. “Because of the small class size, students are able to enjoy more intimate learning experiences.”
The program started with its first students on January 5 and it will last 24 months. Students will be required to take classes in the summer months due to accreditation requirements.
Shawn O’Connor, the CEO of Stratus Prep, said, “There’s a concern of not gaining enough practical work experience, and knowing more theory than practice does put students at a disadvantage of getting a job.”
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Crowell is confident that students will be able to obtain plenty of practice and clinical experience. He also hopes to increase the program to a total of 30 students in the next year.
“We want to bridge practice into hires by offering our honors graduates a paid postgraduate fellowship opportunity that places students to work at law firms, government agencies and other areas that interest them,” said Crowell. “We even have employers telling us that they will value graduates of this rigorous program because of the high work ethic required to complete it.”
In regards to the popularity of accelerate-degree programs, O’Connor said, “Two-year programs are definitely here to stay, and as bigger schools join the bandwagon, I think we will have a better sense of how effective they actually are.”
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Source: Crain’s New York Business