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Since the early 1970s there has been a steep and persistent rise in the costs of legal education and in the tuitions law schools charge. From 1990 to 2003 the average cost of public education rose 234 percent and the cost of private education rose 118 percent. The average tuition for a public law school is $10,820 for a state resident and $20,171 for a non-resident. The average tuition for a private law school has rose to an astounding $25,584. As a result of the soaring cost of legal education, total financial aid available to students from federal, state, and institutional has also increased dramatically, changing student aid system from a grant-based to a loan-based one. These factors have resulted in law students carrying an extraordinary amount of student debt. As of 2002, 87 percent of law students borrowed money to finance their legal educations. Most graduates of law school today have a cumulative debt form undergraduate and law school that exceeds $80,000. Assuming......

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Approximate Word Count: 1549
Approximate Pages: 7 (250 words per double-spaced page)

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