CLASS OF 2018 MEDIANS! (LSAT/GPA/Class Size) Forum

urbanist11 · Post by **urbanist11** » Thu Oct 15, 2015 4:52 pm

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JCougar · Post by **JCougar** » Thu Oct 15, 2015 4:52 pm

pleadthafif wrote: No way man, we don't need farmers or factory workers or anything of that sort. Everyone is gonna get a degree and sit in an air-conditioned office and make $100k cause it's only fair. #FeeltheBern2016

We're producing more of this with less people due to technological advances. #feelthe21stCentury

Gotta do something with all the extra labor sitting around. We're past the point where new technology has created more jobs than it has eliminated. Microsoft and Google can't make up for losses due to automation.

Worldwide, I'm not sure we can expand demand much more than it's already been expanded.

Fact is, productivity is up, but labor bargaining leverage is way down, and therefore wages are getting worse, and probably will continue to get worse for some time.

If your solution is to try and lure back jobs from Central America and Asia by allowing for near-slave labor here, that's not much of a solution.

SirArthurDayne · Post by **SirArthurDayne** » Thu Oct 15, 2015 4:55 pm

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bpolley0 · Post by **bpolley0** » Thu Oct 15, 2015 4:57 pm

pleadthafif · Post by **pleadthafif** » Thu Oct 15, 2015 5:01 pm

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eagle2a · Post by **eagle2a** » Thu Oct 15, 2015 5:02 pm

SirArthurDayne wrote:
urbanist11 wrote:Holy shit can you guys start your own thread or something?

medians
Why? This is more interesting. There are only a handful of medians left.

More like half or so, albeit mostly TTT's

JCougar · Post by **JCougar** » Thu Oct 15, 2015 7:28 pm

bpolley0 wrote: Sure it is, it's the only solution. What is important isn't your nominal wage rate, it is your real wage rate. Why do you think our standard of living is shifting downward and China's and Central America's is shifting upward? The problem is it will take a huge amount of pain to get there which no politician is going to vote for. Instead we just print money and ruin our economy over the long run Zimbabwe style.
#negativerealinterestratescominginhot

This page is still a medians page just having a side conversation while they come out in slow batches. The spreadsheet should continue to be updated so if you are looking for a certain school it should be in there.

You can print all the money you want if you rule the world.

The printing press has been going full speed since 2008 now, and inflation is at or near zero in most places. Except for maybe SF and Brooklyn rent, etc.

Cars still cost the same, groceries still cost the same. I can still get a frozen pizza at Aldi for $1.99, and that's what it was 15 years ago (I have to shop there pretty much because I don't make enough money as a lawyer to shop anywhere else). You can print all the money you want, but as long as filters in a high concentration to the supply side and never trickles down, demand is going to remain low enough that prices won't rise. Except maybe the price of an apartment in Manhattan or at the yacht store.

Still, that money is backed by debt that is impossible to repay, so at some point, things are going to collapse. If we're going down the tubes anyway, that printed money might as well just go to people who don't have any. So #FeeltheBern

Auxilio · Post by **Auxilio** » Thu Oct 15, 2015 8:49 pm

pleadthafif wrote:
JCougar wrote:
pleadthafif wrote: You must have missed the debate the other night. Who cares about law school debt, the 1% is going to end up paying for it. #Bernie2016
I doubt that, under Bernie's plan, law schools will be allowed to "fill in the blank" as to how much tuition money the government should print out for them as they do today.

First of all, I'm pretty sure it doesn't apply to grad school at all. Second of all, if law school was all funded directly by the feds, there would be no need to raise tuition so fast in order to cross-subsidize scholarships to better applicants.
It will eventually apply to grad schools under Bernie's plan but I doubt he even realizes it. He himself admitted that a bachelors degree today is basically equivalent to a HS degree. Well if you make undergrad free then more people will get grad degrees seeking upward mobility in the workforce, until eventually graduate degrees are the HS equivalency.

I have to think (hope) that any proposal to give free bachelors is tied to stricter admissions standards like everywhere else in the world where tuition is free.

bpolley0 · Post by **bpolley0** » Thu Oct 15, 2015 11:26 pm

oceanmd · Post by **oceanmd** » Fri Oct 16, 2015 9:58 am

Auxilio · Post by **Auxilio** » Fri Oct 16, 2015 10:04 am

bpolley0 wrote:
Auxilio wrote:
pleadthafif wrote:
JCougar wrote:
pleadthafif wrote: You must have missed the debate the other night. Who cares about law school debt, the 1% is going to end up paying for it. #Bernie2016
I doubt that, under Bernie's plan, law schools will be allowed to "fill in the blank" as to how much tuition money the government should print out for them as they do today.

First of all, I'm pretty sure it doesn't apply to grad school at all. Second of all, if law school was all funded directly by the feds, there would be no need to raise tuition so fast in order to cross-subsidize scholarships to better applicants.
It will eventually apply to grad schools under Bernie's plan but I doubt he even realizes it. He himself admitted that a bachelors degree today is basically equivalent to a HS degree. Well if you make undergrad free then more people will get grad degrees seeking upward mobility in the workforce, until eventually graduate degrees are the HS equivalency.
I have to think (hope) that any proposal to give free bachelors is tied to stricter admissions standards like everywhere else in the world where tuition is free.
Incredible- people still believe somethings are "free" . Please if you have some spare time read the book I linked below. Seriously it should be a requirement the second you step foot on a college campus.

http://www.amazon.com/Basic-Economics-C ... +economics

Sorry should I have rephrased to free tuition because of the time/opportunity cost?

Or are you referencing the societal cost of taxes etc. in which case I am not sure how it relates to my comment because I pretty clearly address that by suggesting stricter admissions.

Auxilio · Post by **Auxilio** » Fri Oct 16, 2015 10:04 am

Sorry ignore

Auxilio · Post by **Auxilio** » Fri Oct 16, 2015 10:04 am

Double post sorry

bpolley0 · Post by **bpolley0** » Fri Oct 16, 2015 11:23 am

FSK · Post by **FSK** » Fri Oct 16, 2015 11:25 am

urbanist11 wrote:Holy shit can you guys start your own thread or something?

medians

Lawdork · Post by **Lawdork** » Fri Oct 16, 2015 11:30 am

bpolley0 wrote:
oceanmd wrote:Making college education free with pretty low admission standards will turn it into the extension of HS and will completely destroy its value.
Isn't this already whats happened barring the free part?

That's why the T14 is becoming a thing for undergrad too. All these shitty colleges are diluting the value of a degree: the education bubble in America at its finest.

bpolley0 · Post by **bpolley0** » Fri Oct 16, 2015 11:48 am

Auxilio · Post by **Auxilio** » Fri Oct 16, 2015 11:55 am

bpolley0 wrote: . . .

I get and generally agree with what you are saying, I'm just really curious how you got the impression I don't recognise the cost of "free" tuition when I explicitly said I hope any proposal for it (I didn't even say I supported the policy, I don't) would significantly increase the admissions requirements to essentially limit the negative impacts you listed.

basedvulpes · Post by **basedvulpes** » Fri Oct 16, 2015 11:57 am

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Lawdork · Post by **Lawdork** » Fri Oct 16, 2015 12:02 pm

basedvulpes wrote:
flawschoolkid wrote:
urbanist11 wrote:Holy shit can you guys start your own thread or something?

medians more What's Wrong with America banter please

BasilHallward · Post by **BasilHallward** » Fri Oct 16, 2015 12:31 pm

Baylor numbers:

LSAT Median: 161
LSAT 25/75: 160/163

GPA Median: 3.58
GPA 25/75: 3.41/3.77

Students: 75

http://www.baylor.edu/law/ps/index.php?id=74827

runthetrap1990 · Post by **runthetrap1990** » Fri Oct 16, 2015 12:35 pm

BasilHallward wrote:Baylor numbers:

LSAT Median: 161
LSAT 25/75: 160/163

GPA Median: 3.58
GPA 25/75: 3.41/3.77

Students: 75

http://www.baylor.edu/law/ps/index.php?id=74827

damn, they cut down that class size by half (according to last years #'s on the spread sheet)

abl · Post by **abl** » Fri Oct 16, 2015 12:44 pm

bpolley0 wrote: Not just time and opportunity cost. Nothing is free, someone is paying for it. It isn't as if the teachers are all going to work for free all of a sudden, the property taxes will vanish, and the utility cost/overhead just vanish in thin air because Bernie Sanders waves his magic wand. If he is offering "free" college that means he is simply redistributing resources from taxpayers and allocating them to pay the cost of people's college. It's an incredibly stupid and wreckless thing to do and the exact opposite economic policy you want to promote- taking from the productive part of a society and allocating it to pay for the unproductive part. He is doing what politicians do best- buy votes. What you'd really want is someone to come in and stop giving students student loans. Then colleges would be forced to drive prices down to where the demand is and the capital those students have in order to meet that demand.

Plus, It isn't as if schools have a monopoly on information- that is essentially what they are selling right, information? Well guess what, as information becomes more widely dispersed the value of that information goes down, way down. Think about when computers were first being invented- the value of the information that went into making the first computer was extremely high. Then, once company after company after company figured it out, they too started producing computers. Thus, the price of computers went down as supply went up and competitors came into the marketplace which of course benefited society. It was the original information that was valuable and that is how prices should work- they should go down! The reason education doesn't is because the government is funneling trillions of dollars to people with the FAFSA program and giving universities pricing power. This works as long as people keep borrowing. Sound familiar? Cough housing crisis.

I mean, if I wanted to I could walk onto Stanford's campus tomorrow, grab a list of all the books their classes teach for a specific major and it would probably take me a year of sitting in the library to finish. That would literally just cost me opportunity cost of doing something else. The fact of the matter is, let's say I did it for a law degree, the law is still the law so if I go into a court room and you have a degree from Stanford and I have a more thorough understanding of the law as it pertains to that specific case, I am going to win that case no matter what "credentials" you have.

But seriously, don't take my word for it, pick up Dr. Sowell's book on Economics. You will learn more in a weekend than a 4 year degree in Economics.

The problem with Sanders' proposal is not that it redistributes wealth. Taking a bit more from the wealthy to fund education is not inherently a bad thing. (I'd argue that it's actually probably inherently a good thing.) The problem with Sanders' proposal is that it's far more populist than progressive: "free college for all" amounts more to a subsidy for wealthy parents (who probably should be paying for their kids' college) than anything else -- and it will almost certainly come at the cost of overall cuts in education spending.

Incidentally, anyone who thinks that college or law school can be replaced with self-study has never spent much time in a good classroom. Very little of my learning in undergrad (in particular) happened from the readings that I did. A good teacher adds substantial value beyond merely providing the course list. There may be an argument to be made about how much of a luxury teachers are given the cost of employing teachers and administrative staff. Maybe society would be better off having everyone teach themselves higher ed and devoting the resources saved to different ends. In fact, given the quality of teaching that I've seen at even some supposedly respectable state schools, I wouldn't be surprised if a switch to a universal coursera educational system (or something of that nature) wouldn't be an improvement for many university students.

LurkerShirker · Post by **LurkerShirker** » Fri Oct 16, 2015 1:08 pm

runthetrap1990 wrote:
BasilHallward wrote:Baylor numbers:

LSAT Median: 161
LSAT 25/75: 160/163

GPA Median: 3.58
GPA 25/75: 3.41/3.77

Students: 75

http://www.baylor.edu/law/ps/index.php?id=74827
damn, they cut down that class size by half (according to last years #'s on the spread sheet)

I am not sure those are the right numbers for Baylor. Do they count the summer and spring admits listed there as well? There are a significant number of those. That would increase the class size and lower the medians.

jumbocolumbo · Post by **jumbocolumbo** » Fri Oct 16, 2015 1:20 pm

LurkerShirker wrote:
runthetrap1990 wrote:
BasilHallward wrote:Baylor numbers:

LSAT Median: 161
LSAT 25/75: 160/163

GPA Median: 3.58
GPA 25/75: 3.41/3.77

Students: 75

http://www.baylor.edu/law/ps/index.php?id=74827
damn, they cut down that class size by half (according to last years #'s on the spread sheet)
I am not sure those are the right numbers for Baylor. Do they count the summer and spring admits listed there as well? There are a significant number of those. That would increase the class size and lower the medians.

Thats just fall