Why is the Socratic Method of instruction considered to be more effective than other teaching methods?

Students considering law school should note that although law school tuition is high, it is not uncommon for law students to receive grants and scholarships, or, more rarely, complete tuition waivers from their schools. While each school's financial aid system operates differently, there is a rule of thumb relating to GPA and LSAT scores: a student whose grades and LSAT are higher than those of most students admitted to a given school--in other words, a student who could go to a "better" school--has a good chance of being offered some kind of scholarship by the lower-ranked school. Likewise, some law students choose lower ranked schools due to their inability to get into higher ranked schools because of low LSAT scores and GPA, and then transfer to the better schools after their first year of study, provided that they received good grades in the first year of law school. Many highly ranked schools do not accept many transfer applicants due to lack of space in the class, and transferring may make it more difficult for a student to participate in on campus recruiting from potential employers.