Posted on 10/02/2012 1:45:59 PM PDT by SeekAndFind
Paul Campos acknowledges a certain "tension" between his dual roles as law professor and author of the blog "Inside the Law School Scam."
"Of course I feel conflicted," Campos told Business Insider. "I should emphasize that when I started as a law professor [in 1990] it cost literally $3,000 to go to law school."
My, how things have changed.
Tuition at University of Colorado where Campos teaches has climbed to $32,000 a year. Costs have risen even higher at elite universities, while the job outlook for most law school grads remains bleak.
Campos – whose book "Don't Go To Law School (Unless)" comes out this week – says tuition has climbed so much because the government issues massive, unsecured loans to practically anybody who gets in.
At least during the mortgage crisis, borrowers who had taken out huge loans had houses that had inherent value, Campos says. Not so for unemployed law grads, who can't even get rid of student debt in bankruptcy.
(Excerpt) Read more at businessinsider.com ...
It doesn’t cost $32,000 to go to law school. That price is only for rich descendents of evil colonial Europeans. Every student who pays that amount is subsidizing several other specially-privileged “minority” students.
A stat I saw a few years ago was that people that file their taxes with the occupation of ‘lawyer’ earned an average of $65,000. They were number 8 on the top list of high paying jobs. Computer programmers of several flavors were #1, 2, and 4 on the list with doctors in at #3 for $110,000.
I was talking to a guy in his last year at William Michael in St. Paul. Said only two members of his class had interviews and got a call back for a second interview.
Ah, William Mitchell.
Excellent post, thank you. Much of what universities offer is a scam. I also notice that most doctors advise against becoming doctors know.
know should be now.... automatic typing routines kick in...
Funny, with all the extra patients that Obamacare can be expected to create, and less doctors going into the field, wonder how that’s gonna work out? /s
Do lawyers really fall under the classic supply and demand continuum? The more lawyers there are the more lawyers you need. Most people only hire an lawyer to protect themselves from another lawyer.
we have way too many LAW SCHOOLS.
they are dirt cheep to create. Just teachers and empty rooms and presto you have guaranteed loans that will not be discharged in bankruptcy.
What happens to these unemployed lawyers? they become law professors. The mandatory bars protect only their cronies of the big firms. See florida’s merit retention campaign spending DUES MONEY to keep FLSC judges.
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