That’s the title of a New York Times article on legal education. Put bluntly, it’s a cash cow for universities:

Legal diplomas have such allure that law schools have been able to jack up tuition four times faster than the soaring cost of college. And many law schools have added students to their incoming classes — a step that, for them, means almost pure profits — even during the worst recession in the legal profession’s history.

Perhaps it’s time to end law school’s monopoly on legal education…