I wondered how long it would take for graduates to start taking institutions of
higher learning to court for their overinflated graduation statistics.The most recent studies I've read are indicating that only 1/3 of graduates
are getting a job in their field within 2 years of graduation. Student loan
defaults are approaching 10%, on top of all the ones currently in deferment.
It's sure not looking good for the future. Higher education is going
to be the next bubble to burst, I'd sure hate to be a high school senior right
I just spoke to one of my friends. He just graduated from law school. If you are
unemployed and still working as a research assistant for $15/hour they consider
you employed. But they don't count your salary because you don't report it. Quite the scam.
What's the scam? You go to school to get a particular degree. You graduate with
said degree and look for a job in your related field. If you can't find one, how
is that anyone's responsibility?There are no guarantees in life.
That's what happens when you crank out lawyers by the busload in an economy that
would run better without most of them. I think it is time that law schools
are being limited of how many students are being allowed to graduate each year.
Hilarious! Close down the law schools. We have way, way too many lawyers in this
Really tired of people thinking the only way to resolve their personal problems
is to sue someone. Our currently entrenched "entitlement society" will
be the demise of this nation if we're not careful...
@Ned: Too late, its already happening.
The scam is lying about results. The students should also consider filing suit
over what they are taught. Gone are the days when they are taught ethics, values
and principles to govern by, read Blacks Law. Now, it is all about procedure and
precedence. Basically, there are only a few dozen judges in America that get to
use discretion. The rest just follow case law, no matter how wrong it can be.
I agree that this is hilarious, unles you were dumb enough to think that if you
have a law degree you are immune from the effects of the recession. Here's an idea: TRY POLITICS next!! You fit right in....Just
because you "know the law" doesn't make it ethical for you to clog the
courts with your unrealistic pipe dreams about landing a cushy, high-paying job.
But wait....when was practicing law an ethical thing to do.....sorry, my bad.
(Want an example of a non-ethical case: look at what they're asking for in
their cause of action.)
This country is already ran by lawyers, maybe we should close down some law
Truth in advertising?
It sounds like potential lawyers are a bit weak on basic economics and other
undergraduate subjects. Obviously there is a glut of lawyers (some may liken it
to a plague of locusts, but let's leave it at a glut). Thus we have an excess
of supply compared to demand. Even with the overrepresentation of
lawyers in legislative bodies, creating reams of new laws anually, we still have
too many lawyers. Basic supply and demand dictates prices.Perhaps
these lawyers can become doctors, since they always know exactly what treatments
should be used and which drugs are effective or not.Or, they might
want to consider shifting to an English major. They might find some interesting
thoughts in William Shakespeares Henry VI.Indeed, some people
question what it is that lawyers actually do to add value to society, not just
engage in wealth redistribution from others, skimming off an obscene amount in
fees in the process. But, apparently the winners in the "jackpot
justice" lottery are able to keep it going.
Isn't it the truth! It's a pity that 98% of all law schools give the rest a bad
Monsieur le prof, your optimism is contagious! The glass isn't 98% empty, it is
2% full! Although I like your "look on the bright side view, I still think
estimating 2% of the schools are good is a bit high...
I graduated from a 4th tier law school 5 years ago and can state first hand that
the 4th tier schools are NOT useful in assisting with job placement unless you
are in the top 10% of the class. The only information that the employment office
will divulge is the names of firms that have hired other almuni in the past.
Prior to matriculating, they pointed to their statistics of employed status and
bar passage as why it all works out in the end. NYLS and Cooley are
well known for being the worst of the worst of all law schools. Those schools
deliberately accept more students than they intend to graduate. Last I recall,
less than 1/3 of graduates of Cooley graduates ended up graduating. My school
had a 10% academic attrition (failure) rate. The top 1/3 of the incoming class
bolted for better schools after year 1. Since the school tries to weed out the
worst students, our average GPAs were lower than top tier schools. The 50th
percentile at my school was a 2.6 GPA. The top schools are 3.5+ GPAs. This is a
major disadvantage during the job search.
(Part 2) As a clarification to the previous post, Cooley graduates less than 1/3
of those who matriculated. Those students who flunked out of law school have
$30K+ of debt with no degree. There was a kid in my school who finished 2 years
of schools before becoming academically ineligible to return. He must have had
$70K+ of student loan debt. Some of the comments are shifting the
blame to the students, which I agree with to some extent. We should consider,
however, that 90%+ of the students are in their twenties with unbridled
enthusiasm about going to law school. The statistics that law schools provide
prior to matriculation makes it look like that the risk is well worth the
effort, yet the statistics are extremely misleading. Students don't spend the
time breaking down whether the graduate is working as a waiter is counted as
fully employed, because he has a job. On a personal note, I was one
of the few graduates from my school that left the field of law and have become
successful. My salary has tripled since prior to law school and I'm glad that I
took the risk to get an education.
Re: luv2organize | 4:36 p.m. Aug. 15, 2011 "Truth in
advertising?"Some of us bought into Obama's promises that
obviously he couldn't deliver. Too bad we can't sue him. Next best thing is to
express our opinion at the ballot box in 2012.