Closing In On The Bottom?


Texas A&M To Slash Tuition By 15%

The Texas A&M University School of Law is the most recent law school to slash its tuition. The school will reduce its price tag 15% to $28,000 for Texas residents. Out-of-state students will still pay $33,092.
However, the news doesn’t do anything for current or incoming students as their tuition will remain locked in with the tuition cut going into effect with the incoming class of 2016. The change comes three years after Texas A&M acquired Texas Wesleyan University School of Law, which was a private school.
The change moves Texas A&M closer to in-state tuition amounts of other public law schools, but still falls on the expensive side. In 2013, the most recent year the data is available, the median tuition for residents at American Bar Association-accredited public schools was $22,209. The median for out-of-state students at public law schools was $33,752.
Texas A&M law professor Milan Markovic told the Wall Street Journal that the change stems from growing concerns about increasing student debt. “We want our students to be able to have less difficulty obtaining the full value from their law degrees,” Milan told the Wall Street Journal.
The school actually has dropped first-year enrollment by 45% from 243 in 2013 to 133 in this past fall’s incoming class. However, Texas A&M told the Wall Street Journal that the change has been designed. They are now boasting an 11-to-1 student-to-instructor ratio.
Of course, Texas A&M joins a growing list of law schools to cut tuition in recent years in response to growing student debt concerns. Other schools to recently cut tuition include Penn State, Wayne State University and the University of Arizona.
Source: Wall Street Journal