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Posted: Fri Jun 07, 2013 2:53 pm
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Law School Discussion Forums
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https://www.top-law-schools.com/forums/viewtopic.php?f=1&t=210796
Monochromatic Oeuvre wrote:Two separate issues:
1. They should eliminate the rule, because the ABA doesn't have any business telling students how to spend their time when they're at law school.
2. The elimination of this rule will help 0.1% of people and isn't anywhere close to a significant solution to the numerous problems with law school.
I disagree. This is true for T14 schools, and probably T1 schools, but the further you go down the tier, the less your school rank matters and the more your COA matters. Someone going to Cooley, for example, should be attempting to graduate with as little debt as possible, and working a full time job, even for $10/hour, to reduce their debt by $20,000 a year, is a far better use of their time than to use those 40 hours studying to be top of their class at Cooley.Monochromatic Oeuvre wrote:2. The elimination of this rule will help 0.1% of people and isn't anywhere close to a significant solution to the numerous problems with law school.
I don't think anyone has yet argued that the rule is a good rule.ookoshi wrote:The people who can benefit the most from the repeal of the 20 hour rule are people who can hold jobs that pay significantly better than $10 an hour.
Just because the majority of law students wouldn't benefit from eliminating that rule doesn't mean it's a good rule. If that rule didn't exist, nothing is forcing you to work more than 20 hours a week, or even work at all. If you think that dedicating 100% of your time into maximizing your grades and class rank is the best use of your time, you're still free to spend it that way.
"20k a year won't make a difference" is not an argument that the rule is a good rule.
In addition, every dollar you don't borrow is two that you don't have to pay back. Reducing your debt by 20k a year is nothing to sneeze at.
At the end of the day, half the class is going to be below median at a mid-tier school. Those people would be infinitely better off working off debt as long as they still do well enough to get their JD.
From the article quoted by the OP, the other thing he recommended is not having librarians be the judge of library requirements for ABA accreditation. I think his argument that law school expenditures being on the rise in part because of law library requirements for things that few, if any, students use as a way of reducing the overhead costs of running law schools goes towards suggesting that law schools could be cheaper with that being one factor in the equation.Regulus wrote:Yeah... what we're laughing at, ookoshi, is the fact that the dean of a law school - someone that you would think would have a clue - is recommending that the ABA eliminate the cap on how many hours students can work in a week as his suggestion of how to fix the current issues. He didn’t mention a single thing about reducing tuition.Ti Malice wrote:I don't think anyone has yet argued that the rule is a good rule.
students at those schools would be better off not attendingookoshi wrote:From the article quoted by the OP, the other thing he recommended is not having librarians be the judge of library requirements for ABA accreditation. I think his argument that law school expenditures being on the rise in part because of law library requirements for things that few, if any, students use as a way of reducing the overhead costs of running law schools goes towards suggesting that law schools could be cheaper with that being one factor in the equation.Regulus wrote:Yeah... what we're laughing at, ookoshi, is the fact that the dean of a law school - someone that you would think would have a clue - is recommending that the ABA eliminate the cap on how many hours students can work in a week as his suggestion of how to fix the current issues. He didn’t mention a single thing about reducing tuition.Ti Malice wrote:I don't think anyone has yet argued that the rule is a good rule.
I agree his suggestions do not go very far in addressing the dilemma concerning the law profession. Law school is not only too expensive, but we are minting too many new lawyers every year.
However, I think we are underestimating the impact removing the 20 hour rule has. There are schools so terrible that the expected outcome from someone near the top of their class is not that different than from the bottom of their class, and both are abysmal. Students at those schools would be better minimizing their debt, even if only by $30-40k over 3 years, as much as possible.
And like I said, I agree. But given that we can't force those people to not attend, we should encourage them to minimize their mistake by minimizing debt.guano wrote:students at those schools would be better off not attending
"Top graduates", sure. But after a semester or two, half the class is at or below median, by definition. And again, yes, those people probably shouldn't be attending law school in the first place, but if they are, minimizing debt is definitely the "less bad" choice for those people.Regulus wrote:But encouraging students to ignore their studies and instead work tons of hours during law school isn't really a "less bad" choice. Even at shitty law schools, top graduates can either transfer out or get "decent" employment (although it might not be biglaw or federal clerkships).
Came here to say thisBeautifulSW wrote:If you REALLY want to fix the cost of law school, end eligibility for student loans for law students. Cold turkey.
Yeah, there probably won't be any class or racial fallout from that...BeautifulSW wrote:If you REALLY want to fix the cost of law school, end eligibility for student loans for law students. Cold turkey.
Eventually warm, fuzzy politics has to give way to economic reality. We have an Econ 101-level problem in the law school market--we heavily subsidized a good and now produce it in a giant surplus. Schools have no incentive to reduce tuition because taxpayers are eventually footing the bill for people who shouldn't have a legal education (people who can't get into another better than a TTT). Students have much less incentive to be concerned about whether they're making a good investment given IBR/PAYE, which creates a moral hazard problem--private gains for those who succeed and socialized losses.NoodleyOne wrote:Yeah, there probably won't be any class or racial fallout from that...BeautifulSW wrote:If you REALLY want to fix the cost of law school, end eligibility for student loans for law students. Cold turkey.