ram jam wrote:For clarity:
99% employment rate
"The following information is based on data from surveys received from every 2009 graduate and from follow-up contact conducted by the Career, Academic and Alumni Services Office from May 2009 through February 2010. Every graduate is required to complete a survey as a condition of graduation."
Translation: Every, as in all, students that graduated in 2009 have rendered a report on their employment status. According to the reports reports, 99% of all 2009 grads have a job.
"65% of employed graduates provided reportable salary information; reportable salary information does not include bonuses, part-time salaries, or other non-traditional compensation packages."
Translation: Only 65% of the graduates' salaries were used to create these employment statistics in keeping with high medians and averages.
What does it all mean?
99% of Mason grads have jobs. However, the median and average salaries are only based on 65% of all salaries. Therefore, one can graduate from Mason and earn the average private sector salary, but one should note, that the other 35% not reporting a salary may have salaries well below the average.
I think the stats are impressive for a near tier II school during a deleveraging recession. Not to mention, D.C. has the second lowest unemployment rate in the nation, Arlington County has the first lowest. If you go to Mason, chances are you will get a decent job. If your scores permit you to go to a school with better placement stats than Mason, go.
Do you think that adding in the employment data for the remaining 34% of students would raise, or lower their median reported salaries? You just don't leave out a block of data that large unless you're hiding something enormous.
34% of students is a larger block of data than ANY reported sector of data. Students overwhelmingly went to private practice. In fact, 42% of the 65% reporting went into private practice. That's only 27.3% of the class. More people are not reporting than are going into private practice. I can't think of any way to better portray the absurdity of this.
Beyond that, we have no indication of how many are at smaller or larger firms. The way the data has been manipulated, there may be as few as THREE students at large firms, and the remaining 26.8% of the class at firms are earning a median of $62,500 at smaller ones. The shortfalls of the data are IMMENSE, and are grossly (and intentionally) misleading and uninformative.
And guess what? We have no way of knowing.
I'm not sure what better schools you're referring to have worse data, but even broaching T30 I have seen 92%+ reporting rates, including median, average, breakdown in private practice by firm size, associated salary and % of students in each size firm, and even the class broken down by percentage for when their start dates are. I wasn't aware the dropoff was this sharp, especially in what you allege to be the most employed cities in the country.
texasforever wrote: tesoro wrote:
Just got an employment stats e-mail from mason for c/o 2009. Very unimpressive. It's all based on a 65% reporting rate. This is monumentally low, and even leaving out 35% of the class, the reported data leaves a lot to be desired.http://www.law.gmu.edu/assets/files/car ... 9_3_10.pdf
for those who are interested.
You are freaking negative, 65% reporting is much better than many other 'higher ranked' schools can show. People think that employment statistics are everything and the end all of how people should make their law school decisions. Go to the school that you think you will be happy at, not the one that you will be too busy worrying about getting hired that you actually end up doing shitty during your 1L.
If I go to GMU I too will be playing full sticker out of state, but the fact that the purchasing power I will have over my lifetime will far exceed $180,000 on 1.5% loans doesn't make me lose sleep at night. $180,000, with a $160,000 salary can be paid back in only a few years, five to seven if you land the average salary, big deal! If you put in the work, statistics just become something that lazy people bitch about.
GMU is misleading you. See above, a $160,000 salary is possibly reserved for only 3 students in the class. To extrapolate any more than that from the data presented is to be misled. Also, in what world are loans at 1.5%? If that's really the case, I am going to max out my loans and throw them into high yield 4-year CDs and enjoy the interest when I graduate.