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It’s a fairly loopy massive quantity. People will level out, ‘Well, there are scholarships.’ But not everybody will get very huge scholarships, and only a few get something for value of residing.

— Professor Derek Muller of the University of Iowa College of Law, commenting in an interview with Reuters on Columbia Law School’s value of attendance for the upcoming tutorial 12 months, which clocks in at $110,450, which incorporates $75,572 in tuition, plus residing bills and numerous college charges. Columbia is now the costliest prime regulation faculty within the nation, with an estimated value of $330,000 (or extra) for a three-year diploma. In that interview, Muller tied these “eye-popping” attendance charges to the latest spherical of Biglaw wage wars, the place compensation for an incoming affiliate was raised to $215,000. With that sort of cash, elite regulation faculty graduates will be capable of repay their scholar loans.

Staci ZaretskyStaci Zaretsky is a senior editor at Above the Law, the place she’s labored since 2011. She’d love to listen to from you, so please be at liberty to e-mail her with any suggestions, questions, feedback, or critiques. You can comply with her on Twitter or join along with her on LinkedIn.

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