http://chronicle.com/blogs/onhiring/can-we-overproduce-a-degree/30516?sid=pm&utm_source=pm&utm_medium=en
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I think so. Just ask the law schools who are being sued right now:
http://abovethelaw.com/2012/02/twenty-additional-law-school-class-action-suits-are-in-the-works-is-your-school-one-of-them/
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