<p>I’m sympathetic b/c I don’t like the idea of people so young saddled with so much debt, but the point has been stated clearly: it wouldn’t have taken a lot of research to see how bad a bet law school is for so many. Although maybe I should feel equally sympathetic for taxpayers, who are going to get stuck the the massive unpaid loan bill-$1 trillion and counting. Law school is only a small part of that, but still a significant amount of debt that probably won’t get repaid.
And I don’t let the law schools off the hook; these dead-end jobs some schools are creating are evidence of culpability and nothing else. I am referring here to the “new” jobs laws schools are creating for their own grads only, not the established fellowships that some law schools have offered for years. It’s a legal prepetual motion machine: charge $50,000 in tuition, then offer a one-year job paying $35K. The only one making out in that transaction is the law school. And it’s the law schools which have relentlessly charged more and more each year, squeezing every penny out of gullible new students with the chimera of high paying jobs, or at least a degree that “you can use for anything”.</p>