afitouri wrote:So is your trolling.
here's a break down of your posts...
"i disagree, law school GPAs are going to fall"
"the market for lawyers is dropping"
"the best qualified people won't want to be lawyers"
"if i wasn't going to work for the libyan government, even I, one of the most qualified, would be reconsidering law school!"
"healthcare's been in the news lately, all the people who want to be lawyers and are highly qualified will want to do healthcare"
"well, actually they'll go to grad schools...but related to healthcare, because I've heard of that"
"dude, it's simple econ. it's so simple, even i get it...but you guys apparently don't...you guys must not be able to understand simple econ."
read through that, and then keep trying to explain why you are correct.
lmao. Way to put words in my mouth.
==So, yes, I said that after 3 years or so law school GPAs will peak and begin to fall from there.
==We've all seen the news that the market for lawyers is dropping.
==I never said I was most qualified. Never even taken the LSAT. However, my passion for my country does force me to stick to a legal career. Otherwise, I'd switch.
==Healthcare is on track to become a fourth of our entire GDP soon. I have 2 friends who have decided to become Physician's Assistants for 80k/year and only a masters needed. I have another friend who is studying Pharmacology in a 3 year program and expects a 100k/year + salary afterwards. Why wouldn't others do this? I would. Even being a nurse now gets you 60k+ a year with some experience.
==Additionally, healthcare isn't the only opportunity. How about accounting, engineering, finance, psychiatry, chemistry? This is what I mean with other grad schools. Chemical engineering now boasts an average of 90k/year first job after a bachelors. Chemical engineering bachelors can also easily transition to the pharmaceutical industry, or to a career in medicine.
==Supply and demand. When demand increases, then with time supply will soon increase until the two reach equilibrium. When demand decreases, then supply will soon decrease. When prices rise, quantity demanded decreases, and then supply will soon decrease. And so on.
When the cost of law school rises, the quantity of people demanding law school will decrease. Costs come in many forms, not just monetary ones. One cost is foregoing a return on investment. Thus, if students begin finding that law school is not producing a sufficient return on investment, fewer people will want to go to law school. If people begin finding that others are still in debt after years of law work, or that people with law degrees are unemployed, then there will be less demand for a law degree. Why do you think schools with strong English programs aren't sought after? Because no one gets paid with an English degree and the word has already gotten around. Once the word gets around that law is declining, the same thing will happen.
And what happens when demand decreases? Either prices fall, or supplies decrease, or both. This means that either law schools will have to lower their prices, or they will have to lower their requisites, or they will have to close entirely. Most schools would never consider lowering tuition, so most likely they will lower requisites but maintain tuition.
That is my point.
Now, the valid counterpoint to this might have been "yes but grade inflation is becoming so strong that in spite of decreased demand for law schools, they will still be able to remain stringent on GPA requirements because UG schools are inflating grades at such a high rate."
To which I would say that is definitely possible and maybe we will see.