mpc347 wrote:So how isolated are HYS (+ maybe CCN) grads from this scary stuff?
I'd say HYS is pretty isolated, although I do know H people who hate Biglaw, but are trapped there because of their debt. PSLF-eligible jobs that are somewhat prestigious aren't even a sure thing for H grads--they're not sure things for anyone because there are simply not a lot of jobs at all due to poor budgets.
CCN are not isolated, though. Obviously, it's an exception (and not the rule) at these schools, but like I've mentioned before, in my previous "volunteership," I worked with two grads from CCN who held my very same position. I'm pretty sure their university was giving them a better stipend than me, though, because mine didn't even amount to minimum wage, and I was living in a roach-infested tenement where the hot water was shut off due to my deadbeat landlord. I found a 24-hour gym that had a 1-week free trial where I showered at night while the gas company took their time turning heating gas back on. I can show you the letter I wrote to the state commerce commission about my shut off heating gas if you don't believe me.
And like I've said before, the bottom half of the T14 is absolutely not isolated. Not too long ago, a bunch of unemployed UVA students pulled this stunt:http://abovethelaw.com/2011/03/law-stud ... mployment/
This is the kind of thing that, as an 0L, I might have looked at with anger, thinking something like "stupid entitled punk millennials think they are entitled to 6-figure jobs just because they got into UVA." But you just don't understand until you've gotten plowed over by the legal education-industrial complex. Many of these people likely had $200K+ of debt, and were legitimately scared because they had no conceivable way to pay this off--and of course their school had absolutely no plan to employ people who missed out on OCI. Why would they be scared of this? Because it is precisely true--there is no plan to do anything for students who miss out on the Biglaw boat. Obviously a few are able to find something decent, but this happens almost exclusively though good connections, good timing, or simply good luck--because the hard math shows that this is a very tough road to hoe.
At least this UVA student found a more creative outlet to express his or her agony and turn it into something constructive:http://abovethelaw.com/2011/04/most-cre ... -services/
I have a collection of rejection letters just as big (and obviously a lot more futile). I'm not that good of an artist though.
Virginia is also pretty high on the list of schools with school-funded jobs:http://taxprof.typepad.com/taxprof_blog ... osed-.html
Not to pick on UVA exclusively or anything...it's just that GeorgeTTTown gets picked on enough. But you could probably tell a similar story about a lot of other "top tier" schools. Perhaps things are getting better for the bottom of the classes at these places, because Law School Transparency and increased scrutiny are finally making this a bigger priority.
And to answer people's questions...no, those school-funded jobs are not desirable. They are a Hail Mary for people with no other options, and there's no guarantee anywhere that a job will open up at these non-profits or government orgs. Because the schools don't control the budgets--quite often some Tea Party legislature does, and one of their main goals is to get rid of everyone who could possibly sue a business no matter how egregious or illegal the behavior. Also, it's very normal that these orgs will have dozens of volunteers. Like I said before, legal aid in my last state didn't even have office space left for me to work for free. Even if a position does open up, you'll have 12 people competing for one spot--all of whom volunteered at the same org and all probably did a decent job. Not to mention the 1,000 other people that volunteered there in the past trying to apply. And then you'll have some ex-Biglaw partner apply for the job after a mid-life crisis (who already has enough money to retire, but needs it for vanity purposes), and he or she will get the job, and all the new grad volunteers will be SOL.
If you think I'm exaggerating, I'm not, because I've seen this happen with my own eyes.