> Law schools are the worst offenders in the education industry.

They also are some of the best too. My wife went to a top-tier school and I remember the controversy when it was discovered that almost 50% of the tuition was actually given to the medical school. The justification was that they were a top school, they would charge what the other top schools charged, and they had a moral imperative to make the medical school as cheap as they could make it. They also guaranteed (in writing) that if any graduate had difficulty paying off student loans, the alumni network would step in and make the payments.