Why does law school cost so dang much? The ABA ponders the question.

At its first public hearing, the ABA's new Task Force on the Financing of Legal Education spent much of its time trying to determine exactly what is leading to increases in law school tuition, and debilitating debt loads being carried by so many law students.

The task force, chaired by former Detroit mayor and onetime ABA President Dennis Archer, met over a day and a half Saturday and Sunday during the ABA's Annual Meeting in Boston. Its aim is to examine the cost of legal education for students, and to explore student lending and how law schools are being financed. Beginning with the public hearing, the task force is delving into how law schools use merit scholarships, tuition discounts and need-based financial aid.

Article here (via taxprof blog).