r6_philly wrote: emhellmer wrote: Sentry wrote:
bostonian wrote:What happened to going into a career because it actually interests you and not only considering how much you'll make in the first five years?
If there's a career that let's you play video games and flag football all the time let me know.
You know, when I graduated from college I was interested in getting a liberal arts Ph.D. The overwhelming advice I heard was "That's great, and I would love to do anything I can to help! BTW, don't even consider a school that doesn't offer you a full 5 year fellowship and make sure that you love your field of study enough to spend the rest of your life studying it." Perhaps students considering law school should take a similar approach.
So what now, full scholly or bust?
For me, yeah. I'm still looking at about $50,000 in loans for COL. That's an additional ~$350 a month in payments according to my calculations.
Well, this attitude regarding liberal arts Ph.Ds comes from the following facts:
1. While there are colleges professors who make a lot of money, it takes time and a lot of hard work to be one of them.
2. The odds that you will be one of those who makes a lot of money are slim.
3. You will actually be lucky to get an adjunct teaching position.
4. You will never be happy being a Ph.D. in any field if you don't like that field, and you will probably not be successful.
5. 5+ years of graduate school tuition plus paying for housing adds up.
With those facts in mind, thousands of students still compete mightily every year for spots in these Ph.D. programs. I'd say it is even more competitive than getting into law school. Not all of them get fellowships, I'm sure. But all are cautioned from the get go that they really need to consider what they are doing and make sure it is what they want to do and that they are doing it for the right reasons and have taken a realistic look at the financial risks v. rewards. For that reason, I think, there are far fewer students going into Ph.D. programs, far fewer programs in each discipline, etc. No one is forcefully limiting the amount of Ph.D. programs on the market; the students being realistic about their options have done that. I think that those who look at law school may want to take a similar approach. Understand that the odds of you making a lot of money upon graduation are slim and make sure that you like the field that you are going into. This is common sense in other areas of study; just not for law and maybe it should be.
Too often law is seen as a default option for kids who are good at reading and don't know what else to do with themselves. Hence the last 19 pages of prospective and current law students saying that law school is a terrible idea.