Valparaiso, which unaccountably prefers the ugly name Valpo, will have only 28 students in this year's entering class. As recently as four years ago, it had 208.
The good news, from the Valponian scamsters' perspective, is that the quality of the class has gone up significantly: "Students just starting their legal studies this semester have a median LSAT of 151 and a median GPA of 3.23." Last year's median score was 147, so Valpo has risen from the 33d percentile to the 48th. It's still drawing the bulk of its class from the bottom half of people taking the LSAT.
Scam-dean Andrea Lyon "feel[s] optimistic about the school", which appears to have changed its approach to admissions in response to last year's censure from the ABA. She could hardly be expected to say anything else. But the university's administration cannot feel optimistic about a micro-sized toilet school that, after the closure of Indiana Tech, has earned a reputation as the biggest laughing-stock in the region.
With only 28 new students, the law school must be draining money from the university, even while it tarnishes the university's image. If the new students all paid full fare (primarily with federally guaranteed student loans), they would bring in scarcely a million dollars. But Valpo must have had to slash its fancy tuition in order to attract students of substantially higher (albeit still dreadful) quality. Who with a score above 150 would pay full price at risible sixth-tier Valpo, slapped last year with a censure and exposed in The New York Times for its graduates' failure to find proper jobs, when any number of fifth-tier institutions and even some fourth-tier institutions would offer a discount?
Valpo, therefore, is beginning to look like Indiana Tech redux. It cannot have taken in much money from the entering class, nor is it likely to see meaningful growth in the coming years. The parent university will not want to go on subsidizing the failed law school forever. I estimate that Valpo will announce its closure within a year or two.
But Valpo is only one toilet among many. To see just how far legal "education" in the US has fallen, consider a hypothetical requirement that at least three-quarters of the class at each ABA-accredited law school score in the top half on the LSAT. Many people might deem that a modest requirement for access to an influential profession that claims to uphold a standard of excellence. It would entail a minimum LSAT score of 152 at the 25th percentile for each school's entering class. How many schools today fall short of that level? Wait for it: 107. That's the majority of ABA-accredited law schools.
In less than a year we have seen three law schools close. Valpo may well be next, although Appalachian, Florida Coastal, Arizona Summit, and various others seem to be competing for that honor. It will be interesting to see how far the wave of closures progresses. I don't think that it will swallow up 107 law schools, although that would be a good start.