ABA under pressure to better regulate legal education

July 25, 2011 Enrollments at US law schools have continued to climb despite worsening job prospects, leaving many graduates with debt burdens of $120,000 or more, and no real way to pay back their loans.

In response, regulators and members of Congress have called upon American Bar Association – the body that accredits law schools – to step up efforts to keep student debt levels down and reduce the risk of default. A recent Department of Education review of the ABA found that the Association fell short on meeting 17 federal standards, including a failure to demand that schools keep loan default rates below a certain level, a failure to set minimum standards for postgraduate employment rates and a failure to show that it has a transparent and public accreditation process.

Read more at www.washingtonpost.com.

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