Legal Sector Lost Another 1400 Jobs between July and August Forum

[NoJob]

http://www.bls.gov/news.release/empsit.t17.htm

So, 0Ls why go six figures into non-dischargeable debt to join this supersaturated, contracting field?

[gaud]

dat preftige

[canarykb]

Shouldn't this be in the RECESSION PANIC MEGAPOST?

[20130312]

Because I'm not going into six figures of debt to do it.

[gaud]

Because I'm not going into six figures of debt to do it.

Don't tell him our secret

ETA: I like your new 'tar

[20130312]

Because I'm not going into six figures of debt to do it.

Don't tell him our secret

ETA: I like your new 'tar

Thanks brah.

OP, you can ignore what I said. It never happened.

[zman]

Financial sector,goverment sector,health care sector and educational sector are sucking the country cry..

Here are the solutions.

1. Financial sector first.
Stop subsidizing wall street banks with cheap fed money and let them fail. That would free up trillions of dollars
2. Goverment sector.
neet to be cut to at least Clinton levels to the point where we can have a surplus and than we can cut taxes for lower class people and even rich people.
3. Health care sector = stop subsidising the health insurance industry!! separate employment from health care insurance. Doing those two would lead to a major collapse in costs. WE would buy health care insurance the same we buy car insurance.. For CHEAP.
4. Educational sector is easy. Abolish all subisidy, all pell grants, all Guranteed student loans(this is the main reason tution is so expensive) and tutions would collapse over night because without student loans NO ONE could affort to go. Trillions of dollars freed up.

Allow the interest to rise to its natural levels and allow deflation to occur everwhere(prices, wages)..

if we do this we will have a recovery.

[Mick Haller]

4. Educational sector is easy. Abolish all subisidy, all pell grants, all Guranteed student loans(this is the main reason tution is so expensive) and tutions would collapse over night because without student loans NO ONE could affort to go. Trillions of dollars freed up.

is it that easy? wouldnt private lenders continue offering student loans, only at much higher interest rates to compensate for added risk?

[SuperCerealBrah]

http://www.bls.gov/news.release/empsit.t17.htm

So, 0Ls why go six figures into non-dischargeable debt to join this supersaturated, contracting field?

It has been going back and forth for awhile every month. Last month, the legal sector added some jobs, then it lost them this month again. I won't be surprised if there is some weak growth next month again. This is not just the legal sector though. The entire economy is in this situation right now. We have been spinning our wheels for what seems like for fucking ever. Did you not see the job data today? This whole week people were talking about how Romneyites would be hoping for a weak 100,000 or so to make Obama look bad. Then, just yesterday, all the media outlets were talking about how, "ZOMG, it might actually be better than expected at 160,000"! And, today, we have officially 96,000 in August L.O.L Anytime I hear anybody expressing an opinion at this point, I just ignore it because I realize I am about to be doused in a bunch of verbal diarrhea.

http://www.americanlawyer.com/PubArticl ... 2570521518

[Voltaire_X]

4. Educational sector is easy. Abolish all subisidy, all pell grants, all Guranteed student loans(this is the main reason tution is so expensive) and tutions would collapse over night because without student loans NO ONE could affort to go. Trillions of dollars freed up.

This is totally the wrong approach. Colleges need massive cost cutting. Given that everything taught at the undergrad. level can be learned for $1.50 in late fees at the public library, this shouldn't be too hard. Things like EdX have the right approach, but legitimate degrees need to be given. College shouldn't cost more than $1k a semester. Massive cuts to administration, among other things, could easily lower the cost of attendance. Automation is the future.

Also tuition money should not go into propping up sports programs and whatnot.

[zman]

4. Educational sector is easy. Abolish all subisidy, all pell grants, all Guranteed student loans(this is the main reason tution is so expensive) and tutions would collapse over night because without student loans NO ONE could affort to go. Trillions of dollars freed up.

is it that easy? wouldnt private lenders continue offering student loans, only at much higher interest rates to compensate for added risk?

No. Banks wouldn't lend to 22 year old kids with no collateral.. but they do with a goverment guarantee. You know banks are interested in getting paid. and also of course you have to let people default on their debt(that would really discourage banks from lending all this money to kids). there is no chance banks lend would this money to kids without a goverment guarantee. and of course higher interest rate would drive prices down, lower ones keep high.

[Mick Haller]

No. Banks wouldn't lend to 22 year old kids with no collateral.. but they do with a goverment guarantee. You know banks are interested in getting paid. and also of course you have to let people default on their debt(that would really discourage banks from lending all this money to kids). there is no chance banks lend would this money to kids without a goverment guarantee. and of course higher interest rate would drive prices down, lower ones keep high.

I think you are mistaken. Lenders make unsecured loans all the time. Private student loans are not guaranteed by the federal government, it's just that they are not dischargeable in bankruptcy.

Lots of parents are already willing to co-sign on private loans, I'm sure there are plenty of them stupid enough to continue doing so into the future.

[zman]

4. Educational sector is easy. Abolish all subisidy, all pell grants, all Guranteed student loans(this is the main reason tution is so expensive) and tutions would collapse over night because without student loans NO ONE could affort to go. Trillions of dollars freed up.

This is totally the wrong approach. Colleges need massive cost cutting. Given that everything taught at the undergrad. level can be learned for $1.50 in late fees at the public library, this shouldn't be too hard. Things like EdX have the right approach, but legitimate degrees need to be given. College shouldn't cost more than $1k a semester. Massive cuts to administration, among other things, could easily lower the cost of attendance. Automation is the future.

Also tuition money should not go into propping up sports programs and whatnot.

"College shouldn't cost more than $1k a semester"

They wouldn't if the policies I wrote above were put in.

[fatduck]

LOL at this fucking thread

[Voltaire_X]

4. Educational sector is easy. Abolish all subisidy, all pell grants, all Guranteed student loans(this is the main reason tution is so expensive) and tutions would collapse over night because without student loans NO ONE could affort to go. Trillions of dollars freed up.

This is totally the wrong approach. Colleges need massive cost cutting. Given that everything taught at the undergrad. level can be learned for $1.50 in late fees at the public library, this shouldn't be too hard. Things like EdX have the right approach, but legitimate degrees need to be given. College shouldn't cost more than $1k a semester. Massive cuts to administration, among other things, could easily lower the cost of attendance. Automation is the future.

Also tuition money should not go into propping up sports programs and whatnot.

"College shouldn't cost more than $1k a semester"

They wouldn't if the policies I wrote above were put in.

Yeah right. If anything it would just widen the gap between top privates and public schools. People would still pay $40k+ a year for the top privates.

[zman]

4. Educational sector is easy. Abolish all subisidy, all pell grants, all Guranteed student loans(this is the main reason tution is so expensive) and tutions would collapse over night because without student loans NO ONE could affort to go. Trillions of dollars freed up.

This is totally the wrong approach. Colleges need massive cost cutting. Given that everything taught at the undergrad. level can be learned for $1.50 in late fees at the public library, this shouldn't be too hard. Things like EdX have the right approach, but legitimate degrees need to be given. College shouldn't cost more than $1k a semester. Massive cuts to administration, among other things, could easily lower the cost of attendance. Automation is the future.

Also tuition money should not go into propping up sports programs and whatnot.

"College shouldn't cost more than $1k a semester"

They wouldn't if the policies I wrote above were put in.

Yeah right. If anything it would just widen the gap between top privates and public schools. People would still pay $40k+ a year for the top privates.

how?? With whose money?? There is no money to bid up college tutions with.

[fatduck]

Yeah right. If anything it would just widen the gap between top privates and public schools. People would still pay $40k+ a year for the top privates.

how?? With whose money?? There is no money to bid up college tutions with.

i guess that explains why private high schools are so inexpensive.

[zman]

Yeah right. If anything it would just widen the gap between top privates and public schools. People would still pay $40k+ a year for the top privates.

how?? With whose money?? There is no money to bid up college tutions with.

i guess that explains why private high schools are so inexpensive.

they are expensive because the goverment is extending easy credit, the same reason housing prices were skyrocketing between 2001-2007. if there is no guaranteed loan, there is no money to bid up tutions with.

[fatduck]

Yeah right. If anything it would just widen the gap between top privates and public schools. People would still pay $40k+ a year for the top privates.

how?? With whose money?? There is no money to bid up college tutions with.

i guess that explains why private high schools are so inexpensive.

they are expensive because the goverment is extending easy credit, the same reason housing prices were skyrocketing between 2001-2007. if there is no guaranteed loan, there is no money to bid up tutions with.

oh totally, when i send my kids to catholic school i'm putting that shit right on my obama credit card.

[SuperCerealBrah]

Yeah right. If anything it would just widen the gap between top privates and public schools. People would still pay $40k+ a year for the top privates.

how?? With whose money?? There is no money to bid up college tutions with.

i guess that explains why private high schools are so inexpensive.

they are expensive because the goverment is extending easy credit, the same reason housing prices were skyrocketing between 2001-2007. if there is no guaranteed loan, there is no money to bid up tutions with.

LOL parents are not taking out government loans to send their kids to private high schools

[dowu]

LOL parents are not taking out government loans to send their kids to private high schools

How can you be so sure? I bet some parents have done it.

[pwyoung]

Financial sector,goverment sector,health care sector and educational sector are sucking the country cry..

Here are the solutions.

1. Financial sector first.
Stop subsidizing wall street banks with cheap fed money and let them fail. That would free up trillions of dollars
2. Goverment sector.
neet to be cut to at least Clinton levels to the point where we can have a surplus and than we can cut taxes for lower class people and even rich people.
3. Health care sector = stop subsidising the health insurance industry!! separate employment from health care insurance. Doing those two would lead to a major collapse in costs. WE would buy health care insurance the same we buy car insurance.. For CHEAP.
4. Educational sector is easy. Abolish all subisidy, all pell grants, all Guranteed student loans(this is the main reason tution is so expensive) and tutions would collapse over night because without student loans NO ONE could affort to go. Trillions of dollars freed up.

Allow the interest to rise to its natural levels and allow deflation to occur everwhere(prices, wages)..

if we do this we will have a recovery.

Entirety of this post brought to you by The Heritage Foundation.

[sunynp]

LOL parents are not taking out government loans to send their kids to private high schools

How can you be so sure? I bet some parents have done it.

You can't get government loans for private schools. However most schools have some version of a payment plan. The government doesn't make loans for high school.

[BalanceCare]

http://www.bls.gov/news.release/empsit.t17.htm

So, 0Ls why go six figures into non-dischargeable debt to join this supersaturated, contracting field?

http://www.americanlawyer.com/PubArticl ... 2570521518

Pain LOL at the pop-up ad for e-discovery services i got when clicking on that link

[ColtsFan88]

4. Educational sector is easy. Abolish all subisidy, all pell grants, all Guranteed student loans(this is the main reason tution is so expensive) and tutions would collapse over night because without student loans NO ONE could affort to go. Trillions of dollars freed up.

This is totally the wrong approach. Colleges need massive cost cutting. Given that everything taught at the undergrad. level can be learned for $1.50 in late fees at the public library, this shouldn't be too hard. Things like EdX have the right approach, but legitimate degrees need to be given. College shouldn't cost more than $1k a semester. Massive cuts to administration, among other things, could easily lower the cost of attendance. Automation is the future.

Also tuition money should not go into propping up sports programs and whatnot.

This is THE TRUTH and not an exaggeration at all.

And not paraphrased from Good Will Hunting.