BearDownChicago wrote:thelawguy777 wrote:Don't be confused by all the flag waiving on here for the t-14... Most of it is just 0Ls (like myself) who are just excited to start school!
This is the type of attitude TLS needs to embrace. Too much T-14
flag waiving indeed.
Flag
waiving? Is that like declining the opportunity to wave the flag?
As a 1L at a T14, witnessing how hard it is for even T14 students to get a job these days, I can say that the attitude is more than just "flag waving". It's an honest concern about employment opportunities both while in school and after graduation. Even at T25 schools like ND there are folks
in the top 10% of their class who have not yet found work.
I'm saddened how people are advocating taking on significant debt at lower-ranked schools and this is being called "sound advice". There's a lot of contrarianism on this board, mostly from people trying to self-reinforce their own decision to attend law school. It's dangerous, and a lot of people are going to end up being very disappointed and burned.
In Property class this week we debated student loan debt as being a rare modern exception to the banning of indentured servitude. You can't discharge those debts in bankruptcy except in very extreme circumstances, they will follow you everywhere, and they will just keep accruing interest and growing bigger if you can't come up with a large salary to pay them off. Our Property professor here at a T14 is concerned about the effect this is going to have on us because she believes that even among us there will be many who struggle for our full lifetimes to pay that back, and we're T14 students!
Even going to a T14 at sticker is a risk ITE. Going to a T2 or TTT school is like buying a $200K lottery ticket. Yes, there's a chance you'll get a huge payoff in the end, but right now the odds are stacked so high against you at those lower levels that it makes no sense to play for a lot of people.