NY Times Piece on the Law School Bubble

A law school classmate of mine brought this NYT article to my attention. It's an in-depth piece on the small law school that we went to back before the law school bubble burst.

Valparaiso was, in effect, caught in a deflating financial bubble, one most law schools were slow to heed because of the government’s role in financing legal education. Applications ultimately tumbled about 40 percent nationally between 2010 and 2015, and by a roughly similar percentage at Valparaiso.

Although the piece focuses on Valparaiso, it could have been written about any number of law schools around the country. Things that can't go on forever...won't.