The financial outlook is rosier at the state's most elite schools like Cornell, where applications have actually increased 4% since 2008. However, New York's lower-ranked law schools, like the one at Hofstra, have been forced to shrink their classes and admit students with lower GPAs and LSAT scores. New York law schools are dealing with the tuition-revenue declines in a variety of ways, including selling valuable Brooklyn Heights property and shedding non faculty staff.
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NY Law Schools Struggle with Qualified-Applicant Shortage
Faced with a precipitous decline in the applicant pool, New York law schools are trying to maintain classes big enough to cover their costs without compromising their standards enough to affect their U.S. News and World Report rankings. So reports the New York Law Journal.
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