The National Law Journal reports on the under-reporting of estimated cost-of-living expenses at many law schools. The story begins:
The news just keeps getting worse — at least as far as financing a legal education goes.
Law School Transparency has recalculated its estimates of the debt that law students stand to incur after discovering that a number of schools had low-balled the cost-of-living figures that they provided to U.S. News & World Report. On average, schools underreported those expenses — upon which the organization pegged its initial estimates — by $5,000, according to the Law School Transparency’s executive director, Kyle McEntee.
Additionally, the organization made several mistakes in its handling of the U.S. News data, which contributed to the problems, he said.
Here is the post that led to this story.