Following up on yesterday's post, Biden Administration Puts Grad Schools, Including Law Schools, In The Hot Seat:  Reuters, Law School Financial Data Is About to Get More Transparent:

Aspiring lawyers will soon have more comprehensive financial data to consider when choosing a law school.

The U.S. Department of Education said on Sept. 27 that it has adopted a new set of rules for graduate programs — including law schools — that are meant to improve transparency around earning outcomes, costs and borrowing for potential students.

Law schools will have to report figures including their total cost of attendance, average amount borrowed to pay for school, and typical graduate earnings. All of that information will be compiled on a new Education Department website, and programs with high debt levels and low graduate earnings over a two-year period will be subject to a new disclosure requirement to ensure that prospective students understand the risks. …

A May analysis of Education Department data by Notre Dame law professor Derek Muller found that Western Michigan University Cooley Law School; Atlanta's John Marshall Law School, and Appalachian School of Law were among the schools with the highest debt-to-income ratios.

Those schools did not immediately respond to requests for comment on Wednesday on the new rules. Harvard Law School had the lowest debt-to-income ratio in Muller's study.