Law School provides a safe haven from which to wait out a bad economy.  Law school is a good way to spend your time and wait out the bad economy. By the time a law degree has run its course, the economy will have improved, and you will have a lot more options available, whether you still want to be a lawyer or not. Indeed, the UK based law school BPP has previously advertised its courses as a “recession proof investment”, arguing that returns, in terms of wages, on an individual’s course fees could potentially be greater than equities or risky financial instruments.