Regionality wrote:Furthermore, taking on 100k+ in debt to get a JD (and for most of these threads the JD is coming from a T50, just not a T14 law school) is not an obviously terrible investment. I think that many folk on TLS think that if ones first legal job out of law school isn't able to pay off 30%+ of your student loans then they are destined to a life of indebted poverty...this is ridiculous. A legal career could easily be 30+ years...and that career would be nothing if someone didn't go to their "measly" T50 law school.
T50 law school + 50-75k yr after school + 30 year long career + 100k+ in debt DOES NOT EQUAL a bad decision.
I'm not aiming for BigLaw. I came to law school to do public service. I'm interning for a public defender this summer, and I hope to get that kind of job when I graduate. I'm exactly not the "T14 = 160K snobs" type the above poster articulated at all.
From that background, let me tell you that the job market right now is terrible. Someone graduating from a T50 job may not get a 50-75K/yr job after law school. Hell, some folks graduating from T14s right now are having trouble finding that much. The market is saturated.
People on TLS aren't being "Go to T14 for $160K LOL". They're being "Go to T14 for best chances of finding a job at all upon graduation." Folks right now in lower Tier 1 schools are struggling to get jobs of any sort, and that includes the "low-paying" 50-75K jobs you mention, as well as even lower-paying 35K/yr PI work that nobody at all used to want but is all the rage now because it pays something.
T14 grads are gobbling up all the 50-75K PI jobs that are out there right now, because they can't get BigLaw. Where does that leave the people graduating from the T50 school?