Federal loans, law students, and law schools

Federal loans for law students are justified as “providing access” to a legal career for the middle class and poor.  That’s one side.  When you examine how the funding operates, however, it becomes apparent that federal loans are an irresistible (and life-sustaining) drug for revenue addicted law schools.When a student applies for a federal loan, the law school processes the application.  Loans are granted by the government without any evaluation of the likelihood of repayment.  Accordingly, a student at Thomas Jefferson Law School is treated exactly the same as a student at Harvard Law School, without regard to the fact that the former is far less likely to repay the loan.