My question in short is will people stop applying to law school because there has been a proliferation of "Don't do it" all over the internet and lawyers who are publicly announcing that they graduated from t1 or even t-14 with 200k in loans an cannot find jobs.
The answer, simply put, is NO. People will never stop filling the ranks of any school they can get into.
I have friends, cousins, etc and I try to make them understand what is going on--I link them to sites and statistics, I tell them my anecdotal experience...but NO ONE LISTENS. It's a classic case of complete dissonance--they just hear what they want.
I have friends that have LSAT/GPA scores that ensure they will be able to, at best, get into a TTT with no scholarship...no amount of my wisdom can convince them not to go. They just nod their heads.
But the worst thing; the only argument they have that is valid is this: "No one else is hiring, I can't get a job, so what the fuck else am I going to do." I try to counter by telling them to think what it would be like to graduate with massive debt and no job, but everyone will take that risk.