I recently graduated from law school, and have begun studying to take the Bar Exam here in Texas. As I move along, I will be posting comments about my journey into "the dark side."
But first, I'd like to invite any comment on the effective monopoly that is BarBri.
For those of you unaware, BarBri is the "preeminent" Bar review course to take in order to prepare for the Bar Exam. Everyone takes it, if only because it's the only real game in town.
They tout their success levels at every turn. 90% of people who take BarBri (we are told) go on to pass the Bar on their first try. Well, you'd be an idiot not to take it, right?
The problem is, it costs about $2,400. Now, this ordinarily wouldn't be a big deal, considering the benefit that's undoubtedly conferred by a structured system of study. My only gripe is that, by my estimation, their overhead can't possibly be more than $100-$250 per student.
I'm not against someone turning a profit. Not even a big one. But where does it end? And what can we do to stop it?
Man, I wish I'd taken that Anti-Trust class.
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