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Why The 'Law School Bubble' Is Worse Than The Mortgage Crisis
Business Insider ^ | 09/13/2012 | Erin Fuchs

Posted on 10/02/2012 1:45:59 PM PDT by SeekAndFind

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To: SeekAndFind

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.


21 posted on 10/02/2012 2:45:13 PM PDT by I want the USA back
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To: RayBob

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.


22 posted on 10/02/2012 2:49:18 PM PDT by CodeToad (Padme: "So this is how liberty dies... with thunderous applause.")
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To: SeekAndFind

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.


23 posted on 10/02/2012 3:57:45 PM PDT by DManA
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To: DManA

Ah, William Mitchell.


24 posted on 10/02/2012 3:59:26 PM PDT by DManA
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To: RayBob

Excellent post, thank you. Much of what universities offer is a scam. I also notice that most doctors advise against becoming doctors know.


25 posted on 10/02/2012 5:43:47 PM PDT by marktwain
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To: marktwain

know should be now.... automatic typing routines kick in...


26 posted on 10/02/2012 5:46:31 PM PDT by marktwain
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To: marktwain

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


27 posted on 10/03/2012 6:31:45 AM PDT by drbuzzard (All animals are created equal, but some are more equal than others.)
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To: SeekAndFind

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.


28 posted on 10/03/2012 1:15:55 PM PDT by Borges
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To: SeekAndFind

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.


29 posted on 10/05/2012 10:31:38 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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