I don't think it is fair to single out TJL or even law schools in general.
Law school is not the only graduate education or educational forum that enhances employment #'s - what about BA's for the love of god or better yet BFA's from expensive liberal arts schools who claim mean 70k starting salaries?
Who said the law schools were unique in their behavior? I say go after tham as well. But the law schools apear to do this on a more massive scale, and the fraud - and that's what it is - does seem to have more far-reaching implications. I said the law schools were committing fraud about three years ago, and a lot of people laughed. There is no difference between what the law schools are doing and what Bear Stearns, MCI Worldcom, Enron, and WaMu did.
When you say fraud, do you mean they are directly making shit up or are they only reporting from 2% of graduates which they disclose in small print
This reminds me of an exchange in "A few Good Men".
Lt. Caffey: "Grave danger?"
Colonel Jessep: "Is there any other kind?"
That goes to say, isn't misrepresentation of numbers (whether by commition or omission) for the ultimate purpose of financial gain classic fraud? A lie is a lie!
The resulting increase in demand that schools use to justify tuition increases and inflate rankings in order to secure million$ in donation$, not to mention the application fees that can total up to $300K-$1M per year, spells fraud.
If WaMu routinely fails to tell investors about quarterly losses or unfavorable court rulings, WaMu is misleading its investors for financial gain. No way to get around that. If a schools fails to tell applicants that only $70% of its graduates are employed, and this is the case after a year-and-a-half (as opposed to 90% employment after nine months), it is fraud.