Is Law School a Losing Game?
Posted: Sat Jan 08, 2011 10:00 pm
Law School Discussion Forums
https://www.top-law-schools.com/forums/
https://www.top-law-schools.com/forums/viewtopic.php?f=2&t=143622
Just read this a half an hour ago.
I think this speaks volumes as to what law students are for universities, i.e. a cheap source of revenue.NZA wrote:Just read this a half an hour ago.
I don't usually say things like this, but...Thomas Jefferson law graduate does not have job = news?
At first, I felt sorry for him. But he comes across as such an idiot throughout the article my pity for him whithered away to outright disgust.
The parts in the article about rigging the stats were interesting, though. Well worth the read.
I was thinking about that, too...the part where they mention that enrolling 25 students can mean a million dollars in tuition blew my mind. I'd never really thought of that before.NoJob wrote:I think this speaks volumes as to what law students are for universities, i.e. a cheap source of revenue.
And the Times is certainly a more credible source than a scamblogger.
Some law schools spend more per student than tuition. Definitely all of the t14.NZA wrote:I was thinking about that, too...the part where they mention that enrolling 25 students can mean a million dollars in tuition blew my mind. I'd never really thought of that before.NoJob wrote:I think this speaks volumes as to what law students are for universities, i.e. a cheap source of revenue.
And the Times is certainly a more credible source than a scamblogger.
Oh, no doubt. I was thinking more of the TTT schools that can become diploma mills.AreJay711 wrote:Some law schools spend more per student than tuition. Definitely all of the t14.NZA wrote:I was thinking about that, too...the part where they mention that enrolling 25 students can mean a million dollars in tuition blew my mind. I'd never really thought of that before.NoJob wrote:I think this speaks volumes as to what law students are for universities, i.e. a cheap source of revenue.
And the Times is certainly a more credible source than a scamblogger.
Even when factoring in endowments?NZA wrote:Oh, no doubt. I was thinking more of the TTT schools that can become diploma mills.AreJay711 wrote:Some law schools spend more per student than tuition. Definitely all of the t14.NZA wrote:I was thinking about that, too...the part where they mention that enrolling 25 students can mean a million dollars in tuition blew my mind. I'd never really thought of that before.NoJob wrote:I think this speaks volumes as to what law students are for universities, i.e. a cheap source of revenue.
And the Times is certainly a more credible source than a scamblogger.
also, dont forget the ridiculous amounts of money he spent doing 'unnecessary' things...all w/ the notion that eh, its not like they can jail him, he'll just not pay it backspartanlaw wrote:The things that really made me hate the guy:
1. wife does not want him to work long hours at a corporate job (it's a job you idiot and you are in debt)
2. quitting the small firm job because he did not want to kiss the partner's butt (it's a job you idiot and you are in debt)
3. thinking that tax payers will bail him out
Jason Bohn is earning $33 an hour as a legal temp while strapped to more than $200,000 in loans, a sizable chunk of which he accumulated during his time at Columbia University, where he finished both a J.D. and a master’s degree.
He also spent a month studying in the South of France and a month in Prague — all on borrowed money.
“There are a bunch of others,” he says. “I’m not really good at keeping records.”
MR. WALLERSTEIN, for his part, is not complaining. Once you throw in the intangibles of having a J.D., he says, he is one of law schools’ satisfied customers.
“It’s a prestige thing,” he says. “I’m an attorney. All of my friends see me as a person they look up to. They understand I’m in a lot of debt, but I’ve done something they feel they could never do and the respect and admiration is important.”
.“Bank bailouts, company bailouts — I don’t know, we’re the generation of bailouts,” he says in a hallway during a break from his Peak Discovery job. “And like, this debt of mine is just sort of, it’s a little illusory. I feel like at some point, I’ll negotiate it away, or they won’t collect it.”
I'm not dismissing that. 200K for a degree, yes even one from Columbia, isn't a wise decision. Or at least it isn't one I'd be willing to make.swfangirl wrote:Before y'all dismiss this because the main person discussed in the article went to a T4 school, consider this:
"Jason Bohn is earning $33 an hour as a legal temp while strapped to more than $200,000 in loans, a sizable chunk of which he accumulated during his time at Columbia University, where he finished both a J.D. and a master’s degree.
"
http://www.justice.gov/atr/public/press ... 216804.htmamonynous_ivdinidual wrote:the comment about closing law schools/limiting enrollments would run afoul of antitrust laws caught my attention. why is it ok for the AMA to regulate med schools in this way, but the ABA would be precluded by antitrust rules? sounds fishy to me. the ABA should restore some prestige and integrity to its profession, and here is step 1- take the bottom 50 law schools (by whatever metric the ABA wants to use) out back and shoot them. then tell law schools 101-150 that it's open season on them. after a 5-10 year period the top 25 performers of these schools (again, pick your metric, but i say LEGITIMATE job reports for grads are a good start) will be allowed to remain open.
then, strictly limit the numbers of students law schools can enroll, not unlike the approach the AMA takes.
the profession could survive on 125 law schools.
let's step outside the box of supply/demand and fix what's obviously broken. we do it all the time, and the market endures, so please don't warn me of the imminent demise of the free market if these measures were taken. i don't really care. i'd rather have a job.
I just looked this guy up on linkedin and I found him. His masters is in some useless liberal arts concentration. Additionally, based on his profile pic, he looks like he's in his 30's, which the article states is a handicapp. Is it possible that completing a MA/JD jointly resulted in bad grades, thus no big law offers? Just trying to make sense of this person's circumstances.swfangirl wrote:Before y'all dismiss this because the main person discussed in the article went to a T4 school, consider this:
Jason Bohn is earning $33 an hour as a legal temp while strapped to more than $200,000 in loans, a sizable chunk of which he accumulated during his time at Columbia University, where he finished both a J.D. and a master’s degree.
I'm glad you brought this up. I've always wondered how law schools spend their money.AreJay711 wrote:Some law schools spend more per student than tuition. Definitely all of the t14.NZA wrote:I was thinking about that, too...the part where they mention that enrolling 25 students can mean a million dollars in tuition blew my mind. I'd never really thought of that before.NoJob wrote:I think this speaks volumes as to what law students are for universities, i.e. a cheap source of revenue.
And the Times is certainly a more credible source than a scamblogger.
+1amonynous_ivdinidual wrote:the comment about closing law schools/limiting enrollments would run afoul of antitrust laws caught my attention. why is it ok for the AMA to regulate med schools in this way, but the ABA would be precluded by antitrust rules? sounds fishy to me. the ABA should restore some prestige and integrity to its profession, and here is step 1- take the bottom 50 law schools (by whatever metric the ABA wants to use) out back and shoot them. then tell law schools 101-150 that it's open season on them. after a 5-10 year period the top 25 performers of these schools (again, pick your metric, but i say LEGITIMATE job reports for grads are a good start) will be allowed to remain open.
then, strictly limit the numbers of students law schools can enroll, not unlike the approach the AMA takes.
the profession could survive on 125 law schools.
let's step outside the box of supply/demand and fix what's obviously broken. we do it all the time, and the market endures, so please don't warn me of the imminent demise of the free market if these measures were taken. i don't really care. i'd rather have a job.
I think it's more that people want more transparency when it comes to the USNWR rankings, OR, less of an emphasis on those rankings on account of their shadiness.ResolutePear wrote:So guys, let me get this straight:
You guys want a 100% employment rate when the nation's hovering over a 10% unemployment average?