3 ms·
Law = supply/demand. Lots of people want to study law (it's lucrative), and therefore they can up the rate.
by elithrar 15y ago
Law = supply/demand. Lots of people want to study law (it's lucrative), and therefore they can up the rate.
- Tsagadai 15y agoI am aware universities can charge what they please for a law degree and that they benefit from exclusivity (less people studying means more money for the ones who do). But what if the price was reflective of the cost plus a profit instead of cost plus a very generous profit? Law is a cash cow for most universities. Do you think society would benefit from a greater supply of people knowledgeable and qualified in the field of law? Is a society better off with law in the hands of the many or of the few?