Thinking LSAT

Law Schools Are Quietly Going Broke

Demon Team

Demon Team

Sep 14, 2026

A new law review article estimates the financial condition of every ABA-accredited law school. Ben and Nathan discuss how the financial model of law schools has shifted with the rise of U.S. News rankings, and how that financial burden increasingly falls on the least credentialed students.

Also in this episode: - Whether you can take the LSAT too many times - How to study for the LSAT the week of your exam - If you should retake your argumentative essay

Paul Campos’s Article: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7238678

Is Your Law School Going Broke Spreadsheet: https://docs.google.com/spreadsheets/d/1W9tJpvL3JHDTgXQ3Y2TxDI41BoK0B4ZCWVpkU33ufe0/edit?gid=2134049756#gid=2134049756

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Scholarship Estimator: https://lsatdemon.com/scholarships

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0:00 Is Your Law School Going Broke? 33:47 Ten Point Score Jump in One Month 43:12 Too Many LSAT Attempts 47:21 Test D Question — Cats’ meow 1:01:13 Studying the Week of your Exam 1:07:54 Retaking the Argumentative Essay 1:12:50 Personal Statement Gong Show 1:40:28 Word of the Week — obstreperous 1:43:49 Email of the Week