It’s basically “elite overproduction”. As someone with no dog in this fight I think it’s good in some ways that the amount of law school admissions aren’t being

It’s basically “elite overproduction”. As someone with no dog in this fight I think it’s good in some ways that the amount of law school admissions aren’t being artificially restricted like they are for MD, bad that a lot of these loans are through the government and non-dischargeable, tying down people for a long time with debt and may still end up being forgiven, and interesting that oversupply of lawyers creates a bifurcated market rather than lowering prices across the board. A lot of these problems probably stem from the government loans - if you’re not a school with a reputation to uphold, there’s pretty much no reason not to admit as many people as you reasonably can and charge them as much as possible. Of course with no loans, a lot of people from poorer backgrounds wouldn’t be able to go to school without some form of charity from universities or private donors which is also pretty bad.