If only…

http://bigstory.ap.org/article/c9fba2978ad4489e9aa73500532a7477/profit-colleges-face-gainful-employment-rule

Dear god I hope this goes thru. It would end every single for-profit law school in the country. Personally I think it should be applied to non-profits on a program by program basis. We’d see a big decline in tuition… It would be an interesting development. More people could afford to go to law school but the cat would definitely be out of the bag about how much you’d make. And if they brought more people in, it would further water down prospects for employment and drive down value. Which means if it was reevaluated bi-annually, the schools would need to seriously consider how to drive up salaries outside their ivory towers.

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