November 29, 2011
Law School Not Working Out? 2 Professors Propose Paying Students to Drop Out
Two Yale Law School professors have proposed a novel way to reduce the number of unemployed law-school graduates struggling with six-figure debt: Pay those who have gotten off to a shaky start to drop out.
Writing in Slate, Ian Ayres and Akhil Reed Amar say law schools should seriously consider returning half of a student's first-year tuition if he or she opts to quit after the first year.
"A half-tuition rebate splits the loss of an aborted legal