@Christopher - Nona has stolen some of my thunder, but I agree with her comment and still think my comment will add something.

If you think law school isn't worth $50,000/year then boy do I have a solution for you! Drop out! Maybe you're on scholarship or get financial aid, in which case you probably shouldn't be complaining that law school costs $50,000, because it doesn't for you. Law schools have many pricing mechanisms that charge different students different prices. Most students here at Columbia have the option of paying anywhere from $0 - $50,000/year for law school depending on which school they choose to attend. Many students bargain with the schools and weigh offers based on how they value the education (or reputation or whatever they like about a school).

It’s hard for me to understand how someone who is here can say they don’t think it’s worth the money. If you really don’t think it’s worth the money then you would leave. My bet is that you could get a full-ride at a lower-tier law school starting tomorrow. I know there are many students who would be anxious to fill your spot because they believe a CLS education is worth a lot more than $50,000/year.

-JoshLerner