0LNewbie wrote:robotclubmember wrote:tyro wrote:Discouraging people from attending law school without decent ROI percentage prospects has the potential effect of reducing the pool of candidates for the limited number of legal positions. It's as though these guys are doing what the ABA is being pressured to do.
What's REALLY going on here?
i know i've said it a lot, but the real supply and demand problem i think starts with the employment data that law schools report. because this reality is never reflected in that data.
we assume the economy has rational actors and it does. any rational actor would want to attend even a TTT on the basis of the information they self-report. but the information is deceptive and fundamentally flawed. as soon as the ABA requires fair and accurate reporting of employment data that isn't subject to obfuscation, investors in a legal education will see the true picture of what ROI to expect and the over-supply issue will begin to resolve itself. it's that simple.
Aren't you ignoring the snowflake factor? Sure, #s will drop a little, but who's to say the TTTs will have to close their doors?
the market will decide their fate. right now though, the markets are being gamed by the law schools. they're taking the laissez faire thing a little too far. when the prospects of an investment in legal education are being presented fairly and accurately, the snowflake factor won't be much of an issue anymore. this starts, and ultimately could end with real oversight on employment statistics and audited employment data.
bjsesq wrote:robotclubmember wrote:i'm not sure how there are people in this site that are still in denial. fortunately more people are seeming to get it.
Most of the frequent posts on this site get it, dude. This isn't new information, and you're not part of some small TLS circle that "gets it." Jesus christ.
there are many people on this site who still either deny the facts or don't want to hear them. i never said i was part of a small circle that gets it, but the reality is, would we have had 66K people enroll in law school in 2011 to compete for an expected 30K jobs if everyone "got it"? the facts speak for themselves. what you're doing is trying to belittle and undermine the message in this thread -- a very valid one -- without offering any real contributions to the discussion. there is a real problem and if you don't want to bring attention to it then go to the social lounge and talk about supplements or whatever it is people do there.